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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.
Do you own or manage this property?
This is My PropertyThe 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 |
| Date Updated | May 14, 2025 |
| Date Created | August 06, 2024 |
| Land Value Unit Type | SF |
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
© 2026 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