$498,000
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.
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Listed by Jacob Abeelen with T.N.G. Real Estate Consultants (714) 987-3310
Property Type
Business Opportunity
Status
Active
MLS Number
PW26074542
Year Built
1922
Lot Size
9,004 sq ft