1426 S Soto
Los Angeles, CA 90023
$1,250,000
- 0.2 acres
- Built 1972
Listed by TIG Commercial, INC. · MLS #CV26221842
Listing status & updates
- MLS last changed
- Not supplied by this listing source
- Availability last checked
- No per-listing check is recorded
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PROPERTY QUESTIONS & SHOWINGS
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1426 S Soto, Los Angeles, CA 90023 · MLS #CV26221842
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1972.
Property size
0.2 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
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.
THE NEIGHBORHOOD
Explore the location.
1426 S Soto, Los Angeles, CA 90023
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THE DETAILS
The details, all in one place.
- Property type
- CommercialSale
- Category
- Commercial
- Year built
- 1972
- Cooling
- CentralAir
- Heating
- Central
- Utilities
- ElectricityAvailable,SewerConnected,WaterConnected
- Fencing
- WroughtIron
- Zoning
- LAC2
- Parcel
- 5170027012
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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$1,300,000Listing information
MLS #CV26221842 · California Regional MLS
Listing brokerage: TIG Commercial, INC.
Listing agent: Troy Archuleta
Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
