1426 S Soto, Los Angeles, California 90023

  • $1,250,000
1426 S Soto, Los Angeles, California 90023
Active
1426 S Soto, Los Angeles, California 90023
1426 S Soto, Los Angeles, California 90023
  • $1,250,000

Description

RARE OPPORTUNITY – ESTABLISHED RESTAURANT BUSINESS & REAL ESTATE FOR SALE! Excellent opportunity to acquire a freestanding commercial property together with Mariscos El Tejado, a family-operated restaurant established for over 30 years. Strategically situated on a prominent corner at Soto Street and Olympic Boulevard, the property offers excellent visibility, convenient access, and proximity to Downtown Los Angeles, East Los Angeles, and the I-10, I-5, US-101, and SR-60 freeways. Situated on an approximately 8, 630 SF lot, the property features approximately 20 on-site parking spaces, alley access, and an established restaurant operation with an estimated seating capacity of 150 customers and an estimated seating area of 1, 400 SF. The recorded building area is approximately 708 SF, with additional longstanding improvements. The sale includes the real estate, established restaurant business, and existing restaurant equipment, subject to an agreed inventory. Equipment includes two walk-in refrigerators, commercial cooking equipment, a Type I hood, refrigeration, and food preparation equipment. An existing beer and wine license is also reported, subject to ABC verification and approval of transfer. The property benefits from an established residential and commercial community, with estimated traffic of approximately 40, 000 vehicles daily along portions of the Soto Street corridor. This is a corridor estimate, not a verified traffic count at the subject property. Ideal for an owner-user, restaurateur, or investor seeking a highly visible corner location with an established business and potential for future repositioning, subject to applicable approvals. Buyer to independently verify all property information, building measurements, seating capacity, seating area, traffic estimates, permits, and permitted uses.

  • Address 1426 S Soto, Los Angeles, California 90023
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90023
  • Country US

Details

Updated on October 14, 2026 at 1:56 am
  • Property ID: CV26221842
  • Price: $1,250,000
  • Property Size: 1400 Sqft
  • Land Area: 0.1982 Acres
  • Year Built: 1972
  • Property Type: Retail, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan, Owner May Carry
  • Roof: Flat
  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Property Type: Commercial Sale

Contact Information

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