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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2428 S Garfield Avenue, Monterey Park – $1,297,000

  • $1.3M Price
  • .19 Acres
  • 238 DOM
  • $1.3M Price
  • .19 Acres
  • 238 DOM

2428 S Garfield Avenue

Prime standalone commercial property located in Monterey Park, south of Garvey Ave, north of the 60 Freeway, and east of Atlantic Blvd. The property features approximately 2,171 square feet of building area situated on an 8,186 square foot lot, offering both front and rear access and excellent street visibility. Built in 1952, the property is home to a long-established restaurant and bar operation that has been continuously serving the community since 1955, known as The Venice Room. The business is well known for its unique “grill-your-own steak” dining experience, a rare concept with no comparable offering in the surrounding area. The operation holds a Type 48 liquor license and benefits from strong revenue performance and a loyal, multi-generational customer base. This is a rare opportunity to acquire both a landmark operating business and the underlying real estate in a highly desirable infill location with strong traffic exposure and proximity to major transportation corridors. Sale of the real property is required to close concurrently with the sale of the operating business under a separate agreement. Buyer to cooperate with coordinated escrow. Information deemed reliable but not guaranteed. Buyer to verify all details.

Essential Information

  • MLS® #AR26008750
  • Price$1,297,000
  • Bathrooms0.00
  • Acres0.19
  • Year Built1952
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address2428 S Garfield Avenue
  • Area641 - Monterey Park
  • CityMonterey Park
  • CountyLos Angeles
  • Zip Code91754

Interior

  • CoolingCentral Air
  • # of Stories1

Exterior

  • ExteriorBrick, Concrete, Drywall
  • Lot DescriptionStreet Level
  • ConstructionBrick, Concrete, Drywall

Additional Information

  • Date ListedJanuary 12th, 2026
  • Days on Market238

Listing Details

  • AgentMichael Luu
  • OfficeMichael Luu, Broker
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Price Change History for 2428 S Garfield Avenue, Monterey Park, (MLS® #AR26008750)

Date Details Change
Price Reduced from $1,660,000 to $1,297,000 $363,000 (21.87%)

Michael Luu, Michael Luu, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of September 15th, 2026 at 7:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.