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    Prime Monterey Park Commercial Property
    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.

    Here's a quick look at some key insights for

    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
    View Property Analytics
    Established Restaurant & Bar Property
    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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    New Commercial Building For Sale
    New Commercial Building For Sale

    283 E Garvey Ave, Monterey Park, CA

    $5,700,000
    5,000 sqft 0.32 AC lot

    New construction suitable for retail, restaurant, medical, or office use.

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    Fusion Tea House Cafe
    Fusion Tea House Cafe

    501 W Garvey Ave, Monterey Park, CA 91754

    $199,000
    1,403 sqft

    Award-winning fusion tea house cafe for sale in Monterey Park.

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    Profitable Szechuan Restaurant Opportunity
    Profitable Szechuan Restaurant Opportunity

    132 S Atlantic Blvd, Monterey Park, CA 91754

    $99,999

    Turnkey Szechuan restaurant for sale in Monterey Park.

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    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 5 Active listings in Monterey Park, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, 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.

    Food Production and Warehouse Facility
    Food Production and Warehouse Facility

    429 Palm Avenue, Alhambra, CA 91803

    $5,999,000
    15,029 sqft 0.69 AC lot

    Turnkey office, warehouse, and centrally equipped commercial kitchen with loading docks for daily production and distribution.

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    NNN Leased QSR Investment Opportunity
    NNN Leased QSR Investment Opportunity

    1013 W Valley Blvd & 1224 S Atlantic Blvd, Alhambra, CA

    $3,500,000
    2,442 sqft 0.42 AC lot

    Two NNN leased QSR sites for sale in Alhambra.

    View details
    Turnkey Restaurant in Montebello
    Turnkey Restaurant in Montebello

    2809 Via Campo A, Montebello, CA 90640

    $36,000

    Modern, fully equipped restaurant with patio, ready for new owner.

    View details
    Built-Out Quick-Service Restaurant
    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.

    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.

    Vacant Land in Montebello
    Vacant Land in Montebello

    108-116 W. Beverly Blvd. |, Montebello, CA 90640

    Contact for pricing
    0.30 AC lot

    Vacant land available in Montebello, California.

    View details
    Corner Commercial Parcel in Altadena
    Corner Commercial Parcel in Altadena

    912 E Altadena Dr, Altadena, CA 91001

    $1,495,000
    1,800 sqft 0.30 AC lot

    High-visibility corner lot suitable for retail, restaurant, office, mixed-use.

    View details
    Commercial Lot on Vermont Avenue
    Commercial Lot on Vermont Avenue

    10201 S Vermont, Los Angeles, CA 90044

    $1,050,000
    1,620 sqft 0.13 AC lot

    Commercial property with high visibility in South Los Angeles.

    View details
    Land Near Oakmont Country Club
    Land Near Oakmont Country Club

    2 Emburns Drive, Glendale, CA 91208

    Contact for pricing
    0.10 AC lot

    Land located near the exclusive Oakmont Country Club in Glendale.

    View details

    Off-Market Properties in Monterey Park, CA

    Consider similar Off-Market properties in Monterey Park, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1231 Avenida Cesar Chavez
    TAKE-OUT RESTAURANT

    1231 Avenida Cesar Chavez, Monterey Park, CA 91754-6051

    $555,000
    Estimated value
    3,007 sqft 0.73 AC lot
    View details
    610 Garvey Ave
    RESTAURANT

    610 Garvey Ave, Monterey Park, CA 91755-1911

    $1,255,000
    Estimated value
    1,260 sqft 0.14 AC lot
    View details
    2300 Atlantic Blvd
    TAKE-OUT RESTAURANT

    2300 Atlantic Blvd, Monterey Park, CA 91754-6837

    Value Estimation by Request
    1,810 sqft 0.25 AC lot
    View details
    128 Garfield Ave
    RESTAURANT

    128 Garfield Ave, Monterey Park, CA 91754-1703

    $560,000
    Estimated value
    7,240 sqft 0.34 AC lot
    View details
    816 Atlantic Blvd
    RESTAURANT

    816 Atlantic Blvd, Monterey Park, CA 91754-4714

    Value Estimation by Request
    1,800 sqft 0.09 AC lot
    View details
    220 Atlantic Blvd
    RESTAURANT

    220 Atlantic Blvd, Monterey Park, CA 91754-2712

    $9,760,000
    Estimated value
    10,126 sqft 1.53 AC lot
    View details
    500 Garvey Ave
    RESTAURANT

    500 Garvey Ave, Monterey Park, CA 91754-2704

    $1,905,000
    Estimated value
    3,000 sqft 0.33 AC lot
    View details
    326 Garfield Ave
    TAKE-OUT RESTAURANT

    326 Garfield Ave, Monterey Park, CA 91754-1707

    $3,645,000
    Estimated value
    440 sqft 0.14 AC lot
    View details
    2428 Garfield Ave
    RESTAURANT

    2428 Garfield Ave, Monterey Park, CA 91754-7222

    $775,000
    Estimated value
    2,171 sqft 0.19 AC lot
    View details
    625 Atlantic Blvd
    RESTAURANT

    625 Atlantic Blvd, Monterey Park, CA 91754-3817

    Value Estimation by Request
    2,120 sqft 0.14 AC lot
    View details
    704 Garvey Ave
    RESTAURANT

    704 Garvey Ave, Monterey Park, CA 91755-3025

    $950,000
    Estimated value
    1,530 sqft 0.11 AC lot
    View details
    441 Garvey Ave
    RESTAURANT

    441 Garvey Ave, Monterey Park, CA 91754-1632

    Value Estimation by Request
    1,665 sqft 0.23 AC lot
    View details
    555 Garvey Ave
    RESTAURANT

    555 Garvey Ave, Monterey Park, CA 91754-2703

    Value Estimation by Request
    1,635 sqft 0.24 AC lot
    View details
    580 Garvey Ave
    RESTAURANT

    580 Garvey Ave, Monterey Park, CA 91755-1968

    Value Estimation by Request
    1,808 sqft 0.11 AC lot
    View details
    1944 Atlantic Blvd
    TAKE-OUT RESTAURANT

    1944 Atlantic Blvd, Monterey Park, CA 91754-6302

    Value Estimation by Request
    1,380 sqft 0.22 AC lot
    View details
    201 Garvey Ave
    RESTAURANT

    201 Garvey Ave, Monterey Park, CA 91755-1811

    Value Estimation by Request
    1,722 sqft 0.09 AC lot
    View details
    1001 Garvey Ave
    RESTAURANT

    1001 Garvey Ave, Monterey Park, CA 91755-3030

    Value Estimation by Request
    4,160 sqft 0.25 AC lot
    View details
    143 Garvey Ave
    RESTAURANT

    143 Garvey Ave, Monterey Park, CA 91754-2801

    Value Estimation by Request
    2,788 sqft 0.09 AC lot
    View details
    701 Garvey Ave
    RESTAURANT

    701 Garvey Ave, Monterey Park, CA 91754-2707

    Value Estimation by Request
    1,499 sqft 0.17 AC lot
    View details

    Monterey Park, CA Restaurants Market Trends and Statistics

    Explore 34 restaurants for sale in Monterey Park, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,580 square feet of properties for sale, with an estimated market value of $11,896,000.

    Sale prices for restaurant properties in Monterey Park, CA start at $199,000, averaging $2,974,000, and reaching up to $5,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Coffee shops 3
    Bars & Pubs 1
    Commercial kitchens 1
    Turn key restaurants 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 $954.5K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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