1930 S Pacific, San Pedro, CA 90731

$445,000

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List Price
$445,000
Price Change
▼ $53,000 1784897934
Status
ACTIVE
MLS#
PW26074542
Year Built
1922
Lot Size
9,004
Acres
0.21
Days on Market
156
Property Type
Investment

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.

Additional Information

Attached Structure
Detached
Operating Expense
34788

Listing courtesy of Listing Agent: Jacob Abeelen (jacob@abeelengroup.com) from Listing Office: T.N.G. Real Estate Consultants.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.