Millman Team Real Estate

$1,660,000
0.19 Acre Lot

2428 S Garfield Avenue, Monterey Park, California 91754

  • Commercial Sale Property Type
  • 1952 Year Built
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.

Basic Details
Commercial Sale
For Sale
AR26008750
$1,660,000
1952
0.19 Acre
Active
Retail
Features
: Central Air
: None
$0
Address Map
CA
Los Angeles
Monterey Park
91754
Garfield
2428
Avenue
W119° 52' 12.6''
N34° 2' 2.9''
Located south of Garvey Ave, north of the 60 Freeway, and east of Atlantic Blvd.
641 - Monterey Park
S
Additional Information
$0
$0
$0
$0
$0
2171
Restaurant
: Drywall, Concrete, Brick
: Commercial
1
: Street Level
1
2026-01-20
1
: Public
Broker/Agent Information
Michael Luu, Broker
Michael Luu
Listing Information
AR44890
31505
Cash
Active
2026-02-13T13:37:30Z
CRMLS
: Standard
2026-01-20T10:21:44Z
Agent info
Ray Millman
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