Property Detail
Description
Single Tenant NNN 7.97% CAP RATE at Asking Price. Used to be a laundry mat. Property is plumbed out for laundry and has heavy power to operate a laundry business. Current tenant has been there since 2023 and just exercised an option to extend the lease for another 3 years. Roof was replaced several years ago and is said to be in good condition per ownership. High Cash Flow Deal with a great Cap Rate. Not City of Los Angeles.
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Listing provided courtesy of Ryan Yatman of SP Residential Inc. Last updated 2026-04-10 08:29:38.000000. Listing information © 2025 CRMLS.
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CA DRE# 01883192
770 1st Ave, Suite 250 San Diego, CA 92101
Based on information from California Regional Multiple Listing Service, Inc., as of 2025 and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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