The restaurant chain was opened in 1923 by Alejandro and Rosa Borquez and has remained family-owned since then. It now has family members involved stretching from the fourth to sixth generations.
The first location was originally titled Sonora Café but was renamed after a guest drew a picture on a menu and called it El Cholo, the restaurant's website says. At the time, the term referred to a name given to field hands by Spanish settlers.
The restaurant now has six locations in Los Angeles and Orange counties: Western Avenue, downtown Los Angeles, Santa Monica, La Habra, Anaheim Hills and Corona Del Mar.
The restaurant's best-selling item is the No. 1 combination plate, which includes a cheese enchilada, rolled beef taco, Spanish rice and refried beans.
It's normally priced at $14.95, but on Tuesday it will be offered at the celebratory price of 95 cents.
"Growing up it was always interesting to see the diversity of Angelenos that came into the restaurant. Our food is what set us apart and everyone wanted a bite of it," said owner Ron Salisbury. "By staying true to our original recipes, we have not only made it to 95 years, but we have also grown from one restaurant to six."