2428 S Garfield Ave, Monterey Park, CA 91754 | For Sale

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For Sale $1,660,000

$1,660,000
  • (0)
  • 1 Units
  • Unknown Sq Ft
  • 8,186 Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,660,000
Property Type Retail
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1952
Last Sold Unknown
Sold Price Unknown
APN # 5265012018
MLS # AR26008750
Property ID 292954556
Lot Sqft 8,186
Zoning Unknown
Total Units 1
Days on Market 51
Original List Price $1,660,000
Date Updated February 13, 2026
Date Created January 12, 2026
Land Value Unit TypeSF

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Michael Luu an agent of . Lic #01243901


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 13, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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