Self-Service Car Wash with Real
For Sale
$900,000
514 N Azusa, Azusa, CA 91702
Operating self-service wash facility offered with the underlying property and existing customer-use improvements.
Property Size1,550 SF
Days on Market49
Property Features for 514 N Azusa
General Information
Standard status
Active
Size
1,550 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Car Wash Bays
4
Building Details
Building Size
1,550 SF
Year Built
1965
Listed By:
Thomas Gibson
Source:
Elliman
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 28 at 8:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Gibson
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering combines an operating self-service car wash business with the real estate at 514 N Azusa in Azusa, California. Built in 1965, the facility includes four self-service wash bays and four vacuum stations. The operation is primarily cash-and-coin based, providing an established format for continued use or operational improvements.
The property is positioned within established residential surroundings and is described as accessible from its Azusa Avenue location. In addition to maintaining the current car wash use, the site may be evaluated for residential redevelopment, including condominiums, townhomes, or apartments, subject to applicable zoning, entitlements, density requirements, and City approval. Walk Score is 56, Bike Score is 47, and Transit Score is 39.
The property is positioned within established residential surroundings and is described as accessible from its Azusa Avenue location. In addition to maintaining the current car wash use, the site may be evaluated for residential redevelopment, including condominiums, townhomes, or apartments, subject to applicable zoning, entitlements, density requirements, and City approval. Walk Score is 56, Bike Score is 47, and Transit Score is 39.
Key Highlights
- Operating self‑service car wash business offered with the underlying real estate
- Four self‑service wash bays and four vacuum stations
- Cash‑and‑coin operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,743
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,860
$734.9K
Cap Rate 7%
$524,900
$524.9K
Cap Rate 9%
$408,256
$408.3K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$52.5K $33.84/SF
− Vacancy
−$3.5K −$2.23/SF
EGI
$49.0K $31.61/SF
− OpEx
−$12.2K −$7.90/SF
NOI
$36.7K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,860
Cap Rate 7%
$524,900
Cap Rate 9%
$408,256
Alternative Uses
Best Use
Specialty Retail
$524.9K
$459.3K – $612.4K
NOI $36,743 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$489.9K
$428.7K – $571.6K
NOI $34,293 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$829.9K
$726.1K – $968.2K
NOI $58,090 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Carl's Jr.
Dining
9,827 visits/mo
0.5 miles
Taco Bell
Dining
7,137 visits/mo
0.5 miles
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Self service car wash - Operating self-service wash facility offered with the underlying property and existing customer-use improvements.
Where is this self service car wash located?
The property is located at 514 N Azusa Azusa, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Operating self‑service car wash business offered with the underlying real estate; Four self‑service wash bays and four vacuum stations; Cash‑and‑coin operation
