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2428 S Garfield Ave Monterey Park, CA 91754

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For Sale
$1,660,000

Landmark restaurant and real estate in desirable Monterey Park location.

Type:Commercial
Property size:
2,171 SF
Lot size:
0.19 Acres
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 8:00 pm

Property Features for 2428 S Garfield Ave

General Information

Standard status
Active
Size
2,171 SF
Lot size
0.19 Acres
Property subtype
Commercial

Building Details

Year Built
1952

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Listing Contact
Michael Luu

Listing agent Michael Luu

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Michael Luu


Overview

Established Restaurant & Bar Property

This standalone commercial property is situated in Monterey Park, south of Garvey Ave, north of the 60 Freeway, and east of Atlantic Blvd. Constructed in 1952, the property includes approximately 2,171 square feet of building area on an 8,186 square foot lot. It offers both front and rear access and benefits from excellent street visibility. The property has housed The Venice Room, a restaurant and bar, since 1955. The business is known for its unique grill-your-own steak dining experience and holds a Type 48 liquor license. The business benefits from strong revenue performance and a loyal, multi-generational customer base. The sale of the real property is required to close concurrently with the sale of the operating business under a separate agreement. The location is considered a highly desirable infill location with strong traffic exposure and proximity to major transportation corridors. The bike score is 31, indicating it is somewhat bikeable, and the walk score is 51, indicating it is somewhat walkable.
Location Intelligence

Current Use by Public Records

Venice Room Bar & Pub

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Monterey Park
County
Los Angeles
State
California
Longitude
-118.1299655
Latitude
34.0341549

FAQs

What type of property is this?
Bar & Pub - Landmark restaurant and real estate in desirable Monterey Park location.
Where is this bar & pub located?
The property is located at 2428 S Garfield Ave Monterey Park, CA.
What is the asking price?
The asking price for this property is $1,660,000.
What are key features of this property?
This property features: 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.
More about this property
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