8
$3,700,000
0.39 Acre Lot

21011 Pioneer Boulevard, Lakewood, California 90715

map-entry
  • Business Opportunity Property Type
  • 1963 Year Built
Property 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.

Basic Details
Business Opportunity
For Sale
OC24161715
$3,700,000
1963
0.39 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Lakewood
90715
Pioneer
21011
Boulevard
Corner of Pioneer and Centralia
28 - Lakewood City
Additional Information
$0
$0
$0
$0
$0
Car Wash
2024-08-06
3900000
https://vimeo.com/741668028/92c8fa59a1
Broker/Agent Information
LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA
Sharon Sharma
Listing Information
Akash Sharma
OCSHARAKA
OC06243
LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA
OCSHARMSH
OC06243
Submit
Active
2025-05-14T17:31:18Z
CRMLS
2024-08-06T09:10:45Z
Agent info
Ray Millman
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Contact Us
ray@millmanteam.com 310.375.1069