1426 S Soto, Los Angeles, CA, 90023

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$1,250,000
16 Days On Site

1426 S Soto
Los Angeles, CA 90023

For Sale|Retail|Active
0
Beds
0
Total Baths
1,400
SqFt
$893
/SqFt
1972
Built
County:
Los Angeles
Listed by Troy Archuleta of TIG Commercial, INC. archuletatig@outlook.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1426 S Soto1426 S Soto1426 S Soto1426 S Soto
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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.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1982 Acres
Year Built 
1972
MLS Number 
CV26221842
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS
General Features
Acres 
0.1982
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
20
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
1400
Utilities 
Electricity AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LAC2
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
None
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Exterior Features
Construction Details 
FrameStucco
Fencing 
Wrought Iron
Lot Features 
Corner Lot
Roof 
Flat
Community Features
MLS Area 
ELA - East Los Angeles
Financing Terms Available 
Owner May Carry


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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