Monterey Park, CA Conventional restaurants for sale

Updated: Mar 11

Prime Monterey Park Commercial Property

745 E Garvey Ave, Monterey Park, CA 91755

$4,700,000

8,006 sqft 0.55 AC lot

Prime location on Commercial Garvey Ave in Monterey Park.
Proximity to downtown Los Angeles, USC Medical School, Pasadena, and Cal Tech.
Easy access to freeways 10, 60, 710, 5, and 101.
Large lot size: 23,902 sqft with an 8,006 sqft building.
Mix of retail and office spaces, currently housing a restaurant, accounting office, and academic program offices.

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This listing looks promising.

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745 E Garvey Ave, Monterey Park, CA 91755

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Est. Cap Rate

4%
NOI ÷ price
Est. NOI

$190K
Annual
Mortgage

$1.8M
Nov 2024
Last Sold

Jan 2009
$2.8M
Property Type

Store/Office (Mixed Use)
Built 2008

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Updated: Apr 24

Established Restaurant & Bar Property

2428 S Garfield Ave, 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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Restaurant Space with Fully Equipped Kitchen

500 N Atlantic Boulevard 169, Monterey Park, CA 91754

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Restaurant unit 169 includes a fully equipped kitchen and high visibility on Atlantic Boulevard.

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Restaurant Suite with Outdoor Dining

500 N Atlantic Boulevard 170, Monterey Park, CA 91754

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Restaurant unit with gas, ventilation, and refrigeration amenities plus indoor dining and an outdoor dining area.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Freestanding Restaurant with Development Potential

201 W W Whittier, Montebello, CA 90640

$1,350,000

1,500 sqft 0.27 AC lot

Operating restaurant on large lot with redevelopment possibilities.

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Los Angeles Commercial Property For Sale

112 N Gage Avenue, Los Angeles, CA 90063

$3,999,999

18,000 sqft 0.41 AC lot

Commercial property in Los Angeles with immediate cash flow potential.

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Mexican Restaurant with Patio

4214 Floral Dr, Los Angeles, CA 90063

$180,000

Established Mexican restaurant with ample interior seating, a wood-bench patio, and rear storage accessible from the patio.

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Built-Out Quick-Service Restaurant

A-2809 Via Campo, Montebello, CA 90640

$36,000

Modern, move-in-ready quick-service restaurant built in 2021 with a full commercial kitchen, interior dining, and outdoor seating.

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Monterey Park, CA Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Monterey Park, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,177 square feet of properties for sale, with an estimated market value of $5,997,000.

Sale prices for conventional restaurants in Monterey Park, CA start at $1,297,000, averaging $2,998,500, and reaching up to $4,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
91754	$1.7M

Neighborhood

Average Price

91754

$1.7M

Monterey Park, CA Conventional Restaurants for Sale

745 E Garvey Ave, Monterey Park, CA 91755

2428 S Garfield Ave, Monterey Park, CA 91754

500 N Atlantic Boulevard 169, Monterey Park, CA 91754

500 N Atlantic Boulevard 170, Monterey Park, CA 91754