3508 E State Hwy 20, Nice, CA, 95464

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$449,000
50 Days On Site

3508 E State Hwy 20
Nice, CA 95464

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1,396
SqFt
$322
/SqFt
1963
Built
County:
Lake
Listed by Hannah Wright of Konocti Realty hannahwrealestate@yahoo.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
3508 E State Hwy 203508 E State Hwy 203508 E State Hwy 203508 E State Hwy 20
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Monthly Payment (Est.)

$2,049
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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

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Listing Snapshot
Price 
$449,000
Days On Site 
50 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,396 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1963
MLS® Number 
LC26166501
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.3
Number Of Stories 
1
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
1396
Water Source 
Public
Interior Features
Laundry Features 
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Exterior Features
Roof 
Composition
Community Features
MLS Area 
LCNIC - Nice
Financing Terms Available 
Cash


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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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