Updated Oct 1, 2025
LUV Car Wash Acquires La Cienega Car Wash In Los Angeles Expanding Southern California Network
1907 South La Cienega Boulevard
Building Size
—
Asset Type
Commercial
Closing
Sep 24, 2025
About this deal
AI
The property involved in the transaction is located at 1907 South La Cienega Boulevard in Los Angeles. It is categorized as a commercial asset, recently acquired by LUV Car Wash, which aims to expand its operations in Southern California.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not disclosed
- Address: 1907 South La Cienega Boulevard
- Market: Los Angeles
- Buyer: JT Thomson & Darren Skarecky - LUV Car Wash
This acquisition reflects LUV Car Wash's commitment to growing its network while integrating technology into its services. The company is focused on building a platform that promotes unlimited memberships and invests in community relations.
Players
Los Angeles Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93