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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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    See hot listings in Monterey Park

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a 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.

    Mixed-Use Property with Billboard
    Mixed-Use Property with Billboard

    3719 Whittier Blvd, Los Angeles, CA 90023

    Contact for pricing
    7,861 sqft

    Mixed-use building combines a remodeled bar/restaurant with four occupied residential units in the rear.

    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
    Restaurant and Tavern Business
    Restaurant and Tavern Business

    3-1610 Redondo Beach, Gardena, CA 90247

    $288,000

    The dining room has 20 tables and seating for approximately 100, supported by four coolers and multiple televisions.

    View details
    Restaurant with Large Range Hood
    Restaurant with Large Range Hood

    1610 REDONDO BEACH 3, Gardena, CA 90247

    $288,000

    The mall-based restaurant includes dining seating and several refrigeration units.

    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 5
    Commercial kitchens 3
    Coffee shops 2
    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)

    How Realmo verifies these figures

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