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486 W 20th Ave
For Sale $2,750,000
$2,750,000
- 2 Units
- Unknown Sq Ft
- 9,004 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,750,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 14 spots |
| Year Built | 1922 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7456032025 |
| MLS # | PW25280557 |
| Property ID | 322469961 |
| Lot Sqft | 9,004 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 56 |
| Original List Price | $2,750,000 |
| Date Updated | February 13, 2026 |
| Date Created | December 27, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jacob Abeelen an agent of . Lic #01973535
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 13, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT