21011 Pioneer Blvd, Lakewood, CA 90715 | For Sale

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For Sale $3,700,000

$3,700,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 16,769 Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

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.

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Listing Provided By

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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