Monterey Park, CA 91754,2428 S Garfield AVE
Monterey Park, CA 91754,2428 S Garfield AVE
Monterey Park, CA 91754,2428 S Garfield AVE
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$1,660,000
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8,184 Sqft Lot
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2428 S Garfield AVE Monterey Park, CA 91754

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26008750

HOA Y/N No

Year Built 1952

Lot Size 8,184 Sqft

Property Sub-Type Retail

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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Cooling Central Air

Inclusions All items considered real property and permanently affixed to the building.

Fireplace No

Laundry None

Exterior

Present Use Commercial

Building

Lot Description Street Level

Story 1

Water Public

Others

Tax ID 5265012018

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

CRMLS – RECore
Listed by Michael Luu Michael Luu, Broker 626-945-9956

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Jenny Wu

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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2428 S Garfield AVE

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