This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$1,250,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property 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.
Full Property Details
Full Property Details for 1426 S Soto
General
- Price: $1,250,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: CV26221842
- Updated: 10/13/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Business
- Business Type: Stand-Alone, Restaurant, Fast Food, Food & Beverage, S
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 20
Location
- County: Los Angeles
- Driving Directions: 10 W, exit Soto go South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Sewer Connected, Electricity Available, Water Connected
Structural Information
- # Buildings: 1
- Construction: Frame, Stucco, Drywall Walls
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1400
- Square Feet: 1,400
- Year Built: 1972
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1982
- Useable Acres: .1982
- Lot Size (Sq. Ft.): 8,633
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Corner Lot, 0-1 Unit/Acre
- Lot Description: Corner Lot, 0-1 Unit/Acre
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $892
Disclosures and Reports
- Inclusions: ABC license and FF&E
- Property ID: 5170027012
Listed by TIG Commercial, INC., TroyArchuleta
Get Pre-Approved Today
Schools
Schools serving 1426 S Soto
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Garza (Carmen Lomas) Primary Center 2750 Hostetter Street, Los Angeles, CA 90023 | K-2 | 0.1 mi |
Christopher Dena Elementary School 1314 South Dacotah Street, Los Angeles, CA 90023 | 3-6 | 0.5 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 1 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 1.1 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 1.2 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1426 S Soto
Date
Details
Price
Change
Source
10/13/2026
Listed
$1,250,000
323.73%
MLS
7/03/2002
Sold
$295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1426 S Soto
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,617
—
$435,779
2%
2025
$5,617
3%
$427,236
4%
2023
$5,467
5%
$410,648
2%
2022
$5,229
1%
$402,597
2%
2021
$5,170
-1%
$394,704
1%
2020
$5,217
4%
$390,657
2%
2019
$5,026
4%
$382,998
2%
2018
$4,835
2%
$375,489
2%
2017
$4,732
2%
$368,127
2%
2016
$4,631
1%
$360,910
2%
2015
$4,567
-1%
$355,490
2%
2014
$4,590
—
$348,527
—
2013
$4,590
—
$346,953
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1426 S Soto
1426 S Soto, Los Angeles, CA 90023 (MLS# CV26221842) is a Retail property. 1426 S Soto is currently listed for $1,250,000 and was received on October 13, 2026. Want to learn more about 1426 S Soto? Do you have questions about finding other Retail real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

