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Established Mexican Restaurant Property
For Sale
Contact for pricing
Pending

23902 Narbonne Avenue, Lomita, CA 90717

Operating restaurant with existing equipment, dual entrances, on-site parking, and a beer and wine license.

Property SizeContact for details
Days on Market145

Property Features for 23902 Narbonne Avenue

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: CENTURY 21 Union Realty Co
Listed By: Mansour Bigdeli · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 2 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Union Realty Co

Investment Insights

Based on property information with market context.

This offering combines an operating Mexican restaurant with the underlying property at 23902 Narbonne Avenue. The business has operated for over 40 years and includes restaurant equipment, front and rear entrances, separate men’s and women’s bathrooms, and parking on site. A beer and wine license is also in place.

The property is near downtown Lomita and Lomita City Hall, along the border of Torrance. Its access and parking support customer arrival, while the existing restaurant setup provides a foundation for continued operation. Prospective users should verify permitted uses or any proposed change of use with the city.

Key Highlights

  • Operating Mexican restaurant and property offered together
  • Business history exceeding 40 years
  • Restaurant equipment included

Property Analytics

Current Use

The Original Alfredo's Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,626
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 97% Electronics 3%
Shell Shops & Services
18,015 visits/mo 0.5 miles
ARCO Shops & Services
11,673 visits/mo 0.4 miles
AMPM Shops & Services
3,454 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,199 visits/mo 0.5 miles

Demographics for 90717, CA

22,044
Population
8,199
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,022
Density / Sq Mi
$92,984
Median Household Income
$48,740
Median Earnings
$1,874
Median Rent
$793,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with existing equipment, dual entrances, on-site parking, and a beer and wine license.
Where is this conventional restaurant located?
The property is located at 23902 Narbonne Avenue Lomita, CA.
What are key features of this property?
This property features: Operating Mexican restaurant and property offered together; Business history exceeding 40 years; Restaurant equipment included
(310) 793-3377 Call to check price and availability
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