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.
The income description goes here to explain
| List Price | $3,700,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7065010045 |
| MLS # | OC24161715 |
| Property ID | 292082435 |
| Lot Sqft | 16,769 |
| Zoning | Unknown |
| Days on Market | 504 |
| Original List Price | $4,200,000 |
| Date Updated | May 14, 2025 |
| Date Created | August 06, 2024 |
Financials not available online. Please inquire with your agent for more details.
Sharon Sharma an agent of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA. Lic #01334246
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 14, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT