Downtown L.A. carwash owner cleans up in sale estimated at $25 million
Thursday, May 8, 2014 - 20:30
in Mathematics & Economics
One of the most sought-after real estate parcels in downtown Los Angeles is a carwash — and it's been sold for an estimated $25 million. Purchased for $525,000 in 1980, the Downtown Car Wash across the street from L.A. Live was bought by a local developer who plans to build a high-rise hotel-...