Established coin laundry since 2000. Owner managed laundromat with loyal customers. 12 stack dryers ( total of 24) and 19 front load washers ( a mix of small and large). Estimate rent is $1,600 a month. Buyer will be given a new long term lease. Annual gross income is over $100,000. A great family run business opportunity!
Off market
Zestimate®
$655,500
1619 Macarthur Blvd, Oakland, CA 94602
--beds
0baths
1,195sqft
MultiFamily
Built in 1970
-- sqft lot
$655,500 Zestimate®
$549/sqft
$3,019 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Gas
Cooling
- None
Features
- Flooring: Other
Interior area
- Total interior livable area: 1,195 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Other
Lot
- Size: 0.27 Acres
- Features: Corner Lot
Details
- Zoning: COM
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electric, Gas
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Oakland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: COM
- Roof: Tar/Gravel
- ConstructionMaterials: Other
- LotFeatures: Corner Lot
- LeaseConsideredYN: true
- YearEstablished: 2000
- TenantPays: Electricity, Common Area Maintenance, Gas, Sewer, Water, Exterior Maintenance, Trash Collection, Liability Insurance, Roof, Interior Maintenance, Site Maintenance
- OperatingExpense: 53000
- Utilities: Electric, Gas
- SecurityFeatures: Security System
- Flooring: Other
- BusinessType: Laundromat
- Inclusions: Inventory, alarm system, Fixtures and Equipment
- ExistingLeaseType: Other
- SpecialLicenses: Business License
- ParkingFeatures: 1 - 5 Spaces
- BusinessName: Spring Water Coin Laundry
- InsuranceExpense: 2171
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Estimated market value
$655,500