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486 W 20th St 2,986 SF 100% Leased Retail Building San Pedro, CA 90731 $3,737,828 CAD ($1,251.78 CAD/SF)



INVESTMENT HIGHLIGHTS
- High Traffic, Additional Home in Rear, Parking Lot on separate APN
EXECUTIVE SUMMARY
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 FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,986 SF
Building Class
C
Year Built
1961
Price
$3,737,828 CAD
Price Per SF
$1,251.78 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.66
Lot Size
0.10 AC
Zoning
LAC2 - Commerical - LAC2
Parking
14 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
45’ on 20th St
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $294,124 CAD | |
| Land Assessment | $1,323,558 CAD | Total Assessment | $1,617,682 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,323,558 CAD
Improvements Assessment
$294,124 CAD
Total Assessment
$1,617,682 CAD
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486 W 20th St
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