1426 S Soto , Los Angeles, CA 90023
$1,250,000
Est. Payment: $6,569.29/mo
1400 Sqft
0.2 Acres
Status: active | Days on site: 23
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53096 - CV42502
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House 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.

Highlights

Listed by Troy Archuleta , 855-777-8848 TIG Commercial, INC. , 855-777-8848. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.2

Year Built

1972

County

Los Angeles

Area

ELA - East Los Angeles

Listing ID

CV26221842

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,Corner Lot,No Land Lease
Garage Capacity:20
Zoning:LAC2
Roof:Flat
Others:
  • ▪ Additional:Drywall, Frame, Stucco
Principal Interest
$6,569
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,569.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,569.29 $796.88 $0.00 $7,366.16
Yearly $78,831.46 $9,562.50 $0.00 $88,393.96
Total $2,364,943.73 $286,875.00 $0.00 $2,651,818.73

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-06T23:30:37.000Z

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