Opening page…
Opening page…
Opening home details…
Rare opportunity to acquire a well-established and beloved restaurant in the heart of the San Pedro community. Louie’s Chinese Cuisine, LLC has been proudly owned and operated by the same owner for over 27 years, with a rich history spanning more than 70 years of continuous operation. A true local staple, the restaurant is known for its quality Chinese cuisine and loyal customer base built over decades. The business is currently housed in a approximately 2,340 square foot freestanding restaurant building, ideally positioned on a corner lot at 1930 S Pacific Avenue and 486 W. 20th Street, just minutes from the Ports, offering excellent visibility and accessibility. The property features an attached private parking lot with 12 dedicated spaces, in addition to ample street parking for patrons. All restaurant equipment is included in the sale and is owned outright, providing a turnkey opportunity for the next owner. The restaurant operates seven days a week from 10:30 AM to 9:00 PM, presenting consistent income potential and room for future growth. Don’t miss this exceptional chance to own a long-standing, successful business in a prime coastal location.
Listing agent: Jacob Abeelen DRE #01973535 jacob@abeelengroup.com, Listing office: T.N.G. Real Estate Consultants
MLS data updated 10/30/2026, 9:13:02 PM PT
Source: CRMLS, MLS #: PW26074542
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 23, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$445,000Asking price recorded · Jul 23, 2026ZIP 90731 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.