486 W 20th Avenue, San Pedro, CA 90731
Property Details
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 with approximately 656 square feet of living space. The residence has its own utility services, providing added flexibility for rental income, owner occupancy, or staff housing. The combination of a thriving, established business, adjacent parking lot, residential income, and prime San Pedro location makes this a compelling turnkey investment or owner-operator opportunity. The restaurant business, real estate, and equipment are all included in the sale, offering a truly rare and comprehensive package.
PROPERTY DETAILS: Square Feet: 2996
INTERIOR FEATURES: • Cooling: Central Air • Heating: Central
EXTERIOR FEATURES: • Parking: 14 Parking Spaces, • Roof: Tile, Composition, Flat, Shingle • Fence: Wrought Iron, Fenced, Block
LISTING AGENT: Agent: Jacob Abeelen | Office: T.N.G. Real Estate Consultants | Phone: 7143943084 | Email: [email protected]
LISTING INFORMATION: MLS#: PW25280557 | Status: FOR SALE
Location
Address
486 W 20th Avenue
City
San Pedro
Features and Finishes
Interior Features:
• Cooling: Central Air
• Heating: Central
Exterior Features:
• Parking: 14 Parking Spaces,
• Roof: Tile, Composition, Flat, Shingle
• Fence: Wrought Iron, Fenced, Block
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