REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,700,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24161715
HOA Y/N No
Year Built 1963
Lot Size 0.385 Acres
Property Description
Car Wash & Lube Business with Real Estate – High-Traffic Corner Lot in Lakewood, CA
This is a fully remodeled car wash and lube center located on a signalized corner lot in Lakewood, CA—offering a solid-performing business with strong fundamentals and room to grow.
Key Details:
2024 Revenue: $980,000+
Net Income: Approx. $240,000
Asking Price: $3,700,000
Cap Rate: ~6.5
Real Estate: Included – appraised at $3.1M in 2022
Equipment: Brand-new Sonny's systems and express lane setup
Location: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 miles
Growth Potential:
The business is operational and profitable, but there's clear upside for a buyer with hands-on experience or strong management. Current operations lack structure and oversight—leaving efficiency, labor, and marketing largely untapped. With a more strategic approach, there is immediate potential to scale service volume, implement memberships, or expand detailing services.
Why This Deal Makes Sense:
No major capital improvements needed
Real estate value provides strong underlying security
High-volume traffic corridor supports long-term growth
Ideal for an owner-operator or investor looking for both income and property value
Showings available by appointment. NDA required for full financials.
Investment Highlights
Turnkey Operation – Fully remodeled and operational car wash and lube center with modern express lane setup and brand-new Sonny's equipment.
Prime Real Estate – Fee simple ownership of a signalized corner lot in a dense Los Angeles County submarket. Appraised at $3.1M in 2022, with property values continuing to rise.
Strong Financials – Over $980,000 in revenue and approximately $240,000 in net income for 2024. Solid cap rate at ~5.7% based on current asking price.
High Traffic & Visibility – Located at a major intersection with strong daily vehicle counts and exceptional visibility. Easy access from multiple directions.
Massive Local Market – Over 2.3 million residents and 224,000 employees within a 10-mile radius fuel a steady stream of customers.
Scalable Opportunity – Business is under-managed and ripe for operational improvements. A more engaged owner or professional team can expand services, introduce membership models, and optimize labor for immediate upside.
No Major CapEx Required – All major improvements have already been made. Buyer can focus on growth from day one.
This is a fully remodeled car wash and lube center located on a signalized corner lot in Lakewood, CA—offering a solid-performing business with strong fundamentals and room to grow.
Key Details:
2024 Revenue: $980,000+
Net Income: Approx. $240,000
Asking Price: $3,700,000
Cap Rate: ~6.5
Real Estate: Included – appraised at $3.1M in 2022
Equipment: Brand-new Sonny's systems and express lane setup
Location: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 miles
Growth Potential:
The business is operational and profitable, but there's clear upside for a buyer with hands-on experience or strong management. Current operations lack structure and oversight—leaving efficiency, labor, and marketing largely untapped. With a more strategic approach, there is immediate potential to scale service volume, implement memberships, or expand detailing services.
Why This Deal Makes Sense:
No major capital improvements needed
Real estate value provides strong underlying security
High-volume traffic corridor supports long-term growth
Ideal for an owner-operator or investor looking for both income and property value
Showings available by appointment. NDA required for full financials.
Investment Highlights
Turnkey Operation – Fully remodeled and operational car wash and lube center with modern express lane setup and brand-new Sonny's equipment.
Prime Real Estate – Fee simple ownership of a signalized corner lot in a dense Los Angeles County submarket. Appraised at $3.1M in 2022, with property values continuing to rise.
Strong Financials – Over $980,000 in revenue and approximately $240,000 in net income for 2024. Solid cap rate at ~5.7% based on current asking price.
High Traffic & Visibility – Located at a major intersection with strong daily vehicle counts and exceptional visibility. Easy access from multiple directions.
Massive Local Market – Over 2.3 million residents and 224,000 employees within a 10-mile radius fuel a steady stream of customers.
Scalable Opportunity – Business is under-managed and ripe for operational improvements. A more engaged owner or professional team can expand services, introduce membership models, and optimize labor for immediate upside.
No Major CapEx Required – All major improvements have already been made. Buyer can focus on growth from day one.
Location
State CA
County Los Angeles
Area 28 - Lakewood City
Interior
Fireplace No
Others
Tax ID 7065010045
Acceptable Financing Submit
Listing Terms Submit
Read Less Info

Listed by Sharon Sharma • LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA • 909-835-7788
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!