3508 E State Hwy 20 Nice CA 95464 | MLS #LC26166501
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
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
Property Details
Price:
$449,000
MLS #:
LC26166501
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
lcnicnice
Listed Date:
Jul 31, 2026
Total Sq Ft:
1,396
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Laundry Features
See Remarks
Exterior
Lot Features
Level with Street, 0-1 Unit/Acre
Roof
Composition
Stories
1
Financial
Map
Community
Market Summary
Current real estate data for Commercial in Nice as of Oct 21, 2026
2
Commercial Listed
151
Avg DOM
$624,500
Avg List Price
Property Summary
- 3508 E State Hwy 20 Nice CA is a Commercial for sale in Nice, CA, 95464. It is listed for $449,000 To schedule a showing of MLS#lc26166501 at 3508 E State Hwy 20 in Nice, CA, contact your Compass agent at 310.409.7242.
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Courtesy of Konocti Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.3508 E State Hwy 20
Nice, CA