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$ 445,000
Est. payment | /mo
9,003 Sqft Lot
$ 445,000
Est. payment | /mo
9,003 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26074542
HOA Y/N No
Year Built 1922
Lot Size 9,003 Sqft
Property Description
Rare opportunity to acquire a well-established and beloved restaurant in the heart of the San Pedro community. Louie's Chinese Cuisine, LLC has been proudly owned and operated by the same owner for over 27 years, with a rich history spanning more than 70 years of continuous operation. A true local staple, the restaurant is known for its quality Chinese cuisine and loyal customer base built over decades. The business is currently housed in a approximately 2,340 square foot freestanding restaurant building, ideally positioned on a corner lot at 1930 S Pacific Avenue and 486 W. 20th Street, just minutes from the Ports, offering excellent visibility and accessibility. The property features an attached private parking lot with 12 dedicated spaces, in addition to ample street parking for patrons. All restaurant equipment is included in the sale and is owned outright, providing a turnkey opportunity for the next owner. The restaurant operates seven days a week from 10:30 AM to 9:00 PM, presenting consistent income potential and room for future growth. Don't miss this exceptional chance to own a long-standing, successful business in a prime coastal location.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Fireplace No
Exterior
Total Parking Spaces 12
Others
Tax ID 7456032026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Jacob Abeelen T.N.G. Real Estate Consultants 714-394-3084, DRE #01973535
NEARBY SCHOOL & BUSINESS
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