Property Detail

3508 State Hwy 20

Nice CA 95464

$449,000

Status: Active

Property Details

Description

Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity – Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: • Approx. $6,000/month gross • Estimated ~$46,000+ NOI • Strong ~9% cap rate at asking price Property Features: • Fully operational coin-operated laundromat • All Dexter washers & dryers • Recently remodeled building (refurbished machines) (~2 years ago) • New roof • Updated electrical • Custom RGB LED signage • Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: • Retail rental space with stable tenants • 2 bed / 2 bath home on-site • Needs remodel (~$25K est.) • Potential $1,300–$1,400/month

Map Location

Listing provided courtesy of Hannah Wright of Konocti Realty. Last updated 2026-11-15 09:25:37.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

admin Real estate https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg realtor https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg