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Property Description

Prime standalone commercial property located in Monterey Park, south of Garvey Ave, north of the 60 Freeway, and east of Atlantic Blvd. The property features approximately 2,171 square feet of building area situated on an 8,186 square foot lot, offering both front and rear access and excellent street visibility.

Built in 1952, the property is home to a long-established restaurant and bar operation that has been continuously serving the community since 1955, known as The Venice Room. The business is well known for its unique "grill-your-own steak" dining experience, a rare concept with no comparable offering in the surrounding area. The operation holds a Type 48 liquor license and benefits from strong revenue performance and a loyal, multi-generational customer base.

This is a rare opportunity to acquire both a landmark operating business and the underlying real estate in a highly desirable infill location with strong traffic exposure and proximity to major transportation corridors.

Sale of the real property is required to close concurrently with the sale of the operating business under a separate agreement. Buyer to cooperate with coordinated escrow.

Information deemed reliable but not guaranteed. Buyer to verify all details.

Overview

Property Status
For Sale
Lot Size
8,186 Sq.Ft.
MLS ID
AR26008750
Property Type
Commercial
Year Built
1952

Features & Amenities

Total Area
2,171 Sq.Ft.
Neighborhood
Monterey Park
Stories
1
Water Source
Public
Lot Features
Street Level
Air Conditioning
Central Air
Laundry Room
None
Sales Price
$1,297,000

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2428 S Garfield Avenue

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2428 S Garfield Avenue

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  • CallMichael James Luu

    License #1243901

    (626) 945-9956
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