$2,750,000
Est. payment /mo
2,996 SqFt
New
486 W 20th Avenue San Pedro (los Angeles), CA 90731
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,996 sqft
Price per Sqft $917
MLS Listing ID CRPW25280557
HOA Y/N No
Year Built 1922
Lot Size 9,004 Sqft
Property Sub-Type Mixed Use
Source Datashare California Regional
Property Description
Exceptional opportunity to acquire a long-established, family-owned restaurant business along with two contiguous parcels in a highly visible San Pedro location. Offered together, 1930 S. Pacific Avenue and 486 W. 20th Avenue create a rare owner-user or investment opportunity with multiple income streams and valuable on-site parking. The parcel at 1930 S. Pacific Avenue consists of a 4,502 square foot lot currently utilized as a parking lot with approximately 14 parking spaces, including two reserved spaces for the adjacent single-family residence. This parcel also features an on-site storage building approximately 15' x 20', currently used by the restaurant. The parcel at 486 W. 20th Avenue is also a 4,502 square foot lot and includes a total of 2,986 square feet of improvements. The well-known restaurant occupies approximately 2,340 square feet and features a fully equipped commercial kitchen, dining area, and restroom. The business has been successfully operating for over 70 years, with 25 years under the same family ownership, and enjoys excellent street visibility on a corner location. All restaurant equipment is included in the sale and owned outright with no lease payments. Additionally, the property includes a fully renovated 2-bedroom, 1-bathroom single-family residence
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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