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$3,700,000
282 Days On Site

21011 Pioneer Boulevard
Lakewood, CA 90715

For Sale|Business Opportunity|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1963
Built
County:
Los Angeles
Listed by Sharon Sharma of LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA [email protected]
21011 Pioneer Boulevard21011 Pioneer Boulevard21011 Pioneer Boulevard21011 Pioneer Boulevard
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Monthly Payment (Est.)

$16,881
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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.

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Listing Snapshot
Price 
$3,700,000
Days On Site 
282 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.385 Acres
Year Built 
1963
MLS® Number 
OC24161715
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayPrice changed to $3,700,000
yesterdayListing updated with changes from the MLS®
9 months agoListing first seen on site
General Features
Acres 
0.385
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Community Features
Financing Terms Available 
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MLS Area 
28 - Lakewood City


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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