Blueface Tells 'Real Story' of How He Bought a Restaurant

Blueface is the proud new owner of a soul food restaurant in SoCal, but it might never have happened if he hadn't had a little misfortune ... with his car.

The rapper joined "TMZ Live" Wednesday on the heels of opening a new eatery called Blue's Fish & Soul in Santa Clarita -- which he says is the only spot to get legit soul food in the area -- and told a serendipitous story of how it went down.

Blueface says it all started when he got back from a trip, and discovered his car had been stolen from the airport valet ... bummer of a welcome home.

He didn't let it get him down, though, and just went to a Mercedes dealership to buy a new ride ... and on his way home, he stopped at a restaurant called SCV Fish Market. He says the owner was literally minutes from selling the place to someone else.

That's when Blue seized his opportunity, and outbid the other buyer on the spot ... and the rest is history.

For those interested, the menu at Blue's features his mom's Southern recipes for fried fish, shrimp and hushpuppies, chicken platters, mac and cheese, collard greens and a lot more. Plus, his signature Blueface lemonade!