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 2026-09-02 08:27:59.000000. Listing information © 2025 CRMLS.

Destiny Six Financial
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png realtor # # # https://static.royacdn.com/Site-69367b46-38a9-47a3-ab4d-b67fef77f61f/teamAssets/derrick_.png