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    Monterey Park, CA
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    Monterey Park, CA Bars & Pubs for Sale

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    Los Angeles, CA Alhambra, CA Montebello, CA
    Established Restaurant & Bar Property
    $1,660,000
    2,171 SF
    Established Restaurant & Bar Property

    2428 S Garfield Ave, Monterey Park, CA 91754

    Landmark restaurant and real estate in desirable Monterey Park location.
    • 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.
    Updated: Apr 24
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monterey Park, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Culver City Bar For Sale
    $1,685,000
    740 SF
    Culver City Bar For Sale

    Standalone commercial building with existing bar use in Culver City.

    8554 Washington, Culver City, CA 90232

    View details
    East Los Angeles Mixed-Use Complex
    $1,500,000
    6,746 SF
    East Los Angeles Mixed-Use Complex

    Mixed-use retail and apartment complex in East Los Angeles.

    2635 Whittier Blvd, Los Angeles, CA 90023

    View details
    Arts District Brewery & Event
    $11,950,000
    71,948 SF
    Arts District Brewery & Event

    Iconic building with turnkey brewery, taproom, and event space.

    216 S Alameda St, Los Angeles, CA

    View details
    Standalone Bar and Restaurant Building
    $1,685,000
    740 SF
    Standalone Bar and Restaurant Building

    Standalone commercial building on Washington Boulevard with rear alley access and current bar occupancy.

    8554 Washington Blvd, Culver City, CA 90232

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bluff Front Hotel Development Opportunity
    $4,995,000
    Bluff Front Hotel Development Opportunity

    Bluff front land with hotel development potential in Dana Point.

    34412 St Of The Green Lant, Dana Point, CA 92629

    View details
    Dana Point Bluff Front Land
    $4,995,000
    13,063.00 Acres
    Dana Point Bluff Front Land

    Bluff front land with restaurant/hotel development opportunity overlooking Dana Point Harbor.

    34412 St Of The Green Lant, Dana Point, CA 92629

    View details
    Commercial Lot Near Old Town
    $400,000
    21,344.00 Acres
    Commercial Lot Near Old Town

    Commercial zoned lot near Old Town Temecula, great investment!

    28865 Old Town Front St, Temecula, CA 92590

    View details
    Landers Commercial Land Opportunity
    $295,000
    900 SF
    Landers Commercial Land Opportunity

    Commercial rural land near Integratron with development potential.

    1153 Belfield Boulevard, Landers, CA 92285

    View details

    Monterey Park, CA Bars & Pubs Investment Opportunities Market Analysis

    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 $1,660,000.

    Sale prices for pubs in Monterey Park, CA start at $1,660,000, averaging $1,660,000, and reaching up to $1,660,000 — 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

    Turn key restaurants 3
    Commercial kitchens 2
    Conventional restaurants 2
    Bars & Pubs 1
    Coffee shops 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 median listing prices of real estate assets

    Neighborhood Average Price
    91754 $1.7M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

    Average Price per SF — Residential Income

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