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21011 Pioneer Boulevard

Lakewood, CA 90715
  • $3,700,000
  • STATUS: Active
  • ON SITE: 313 Days
  • ID#: OC24161715
UPDATED: 68 min ago
$3,700,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Sharon Sharma of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA (909-835-7788) and Akash Sharma of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA(909-835-7788)


Description

Car Wash & Lube Business with Real Estate " High-Traffic Corner Lot in Lakewood, CAThis 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. $240,000Asking Price: $3,700,000Cap Rate: ~6.5Real Estate: Included " appraised at $3.1M in 2022Equipment: Brand-new Sonnys systems and express lane setupLocation: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 milesGrowth Potential:The business is operational and profitable, but theres 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 neededReal estate value provides strong underlying securityHigh-volume traffic corridor supports long-term growthIdeal for an owner-operator or investor looking for both income and property valueShowings available by appointment. NDA required for full financials.Investment HighlightsTurnkey Operation " Fully remodeled and operational car wash and lube center with modern express lane setup and brand-new Sonnys 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-16T15:35:13.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coast Realty. Licensed in the State of California, USA.
www.hartcoastrealty.com/homes/153376581
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21011 Pioneer Boulevard Lakewood, CA 90715

  • Price: $3,700,000
  • Status: Active
  • On Site: 313 Days
  • Updated: 68 min ago
  • ID#: OC24161715
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1963
Built
Neighborhood:
28 - Lakewood City
County:
Los Angeles
Area:
28 - Lakewood City
Property Description
Car Wash & Lube Business with Real Estate " High-Traffic Corner Lot in Lakewood, CAThis 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. $240,000Asking Price: $3,700,000Cap Rate: ~6.5Real Estate: Included " appraised at $3.1M in 2022Equipment: Brand-new Sonnys systems and express lane setupLocation: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 milesGrowth Potential:The business is operational and profitable, but theres 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 neededReal estate value provides strong underlying securityHigh-volume traffic corridor supports long-term growthIdeal for an owner-operator or investor looking for both income and property valueShowings available by appointment. NDA required for full financials.Investment HighlightsTurnkey Operation " Fully remodeled and operational car wash and lube center with modern express lane setup and brand-new Sonnys 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.
Property Features

Additional Parcels YN No Business Type Car Wash Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-16T15:35:13.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coast Realty. Licensed in the State of California, USA.
 
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Hart Coast Realty
30511 Avenida De Las Flores #1023
Rancho Santa Margarita CA, 92688
Listing Agent(s): Sharon Sharma of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA (909-835-7788) and Akash Sharma of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA(909-835-7788)