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    Monterey Park, CA
    Bar & Pub

    Monterey Park, CA Bars & Pubs for Sale

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    Alhambra, CA Montebello, CA Los Angeles, CA East Los Angeles, CA Commerce, CA Rosemead, CA San Gabriel, CA
    Established Restaurant & Bar Property
    Updated: Jan 20
    Established Restaurant & Bar Property

    2428 S Garfield Avenue, Monterey Park, CA 91754

    $1,297,000
    2,171 sqft 0.19 AC lot
    Prime standalone commercial property in a desirable Monterey Park location with high traffic exposure.
    Long‑established restaurant and bar (The Venice Room) operating continuously since 1955 with a loyal customer base.
    Unique 'grill‑your‑own steak' dining experience, a rare concept in the area.
    Property includes a Type 48 liquor license.
    Building area of approximately 2,171 square feet on an 8,186 square foot lot with front and rear access.
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    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monterey Park, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Leased Liquor Store and Bar Building
    Leased Liquor Store and Bar Building

    E 3 rd Street, Los Angeles, CA 90022

    $899,000
    3,000 sqft

    Two-unit building with a leased liquor store and bar; owner sale only, businesses not included.

    View details
    Retail Marketplace With Bar
    Retail Marketplace With Bar

    516 Whittier, Montebello, CA 90640

    Contact for pricing
    6,450 sqft

    Flexible food and entertainment venue with vendor spaces, a central bar, stage, and rear public parking.

    View details
    Two-Unit Retail Bar Building
    Two-Unit Retail Bar Building

    5048 5050 E 3 rd Street, Los Angeles, CA 90022

    $899,000

    Two leased units operate as a liquor store and bar, with recent roof, ADA, and parking lot updates.

    View details
    Sports Bar Restaurant For Sale
    Sports Bar Restaurant For Sale

    1115 E Washington Boulevard, Montebello, CA 90640

    $150,000

    Turnkey sports bar restaurant with built-in upgrades, full equipment package, and transferable beer and wine license.

    View details

    Monterey Park, CA Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Monterey Park, CA on our real estate platform. These investment opportunities span a total of 2,171 square feet of properties for sale, with an estimated market value of $1,297,000.

    Sale prices for pubs in Monterey Park, CA average $1,297,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 9
    Coffee shops 5
    Commercial kitchens 5
    Bars & Pubs 1

    Demographics Overview

    Population 60K
    Population Growth (5Y) -2.2%
    Median Household Income $78,553
    College Educated 29.6%

    High-Yield Neighborhoods for Investment

    Identify Monterey Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    91754 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.42%
    Property Tax per SF $16.86 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Residential Income

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