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    Established Restaurant & Bar Property Title is generated by Realmo AI

    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
    Price / SF:
    $764/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    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

    HighLights

    • 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.
    • Proximity to major transportation corridors (north of the 60 Freeway, east of Atlantic Blvd).

    Overview

    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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