$ 3,300,000
-
$3,300,000
Price -
0
Bed -
0
Bath -
24,800
SqFt
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About the Listing 98091 - M44230
Exceptional opportunity to acquire a 3-story commercial building located on a fully signalized corner in the heart of Montebello’s thriving commercial district. This highly visible, well-established event venue offers a rare combination of owner-user functionality and strong supplemental rental income. The second floor features two elegant vintage-style ballrooms designed for full-service dinner events. The Grand Ballroom accommodates up to 250 guests, while the additional ballroom hosts up to 100 guests, providing a combined capacity of 350 guests. The venue is fully equipped to host weddings, quinceañeras, corporate functions, and special events. Amenities include a supporting commercial kitchen, full-service bar with Type-47 liquor license, dressing rooms, and in-house DJ equipment. The multi-year established dinner and event operation offers immediate business continuity and income potential. The ground level includes seven storefront retail units generating additional rental income, creating a diversified revenue stream to complement the event business. Prominent corner exposure, strong street presence, and prime positioning along Whittier Blvd make this a standout investment in one of Montebello’s busiest corridors. Ideal for an owner-user seeking an established banquet/event venue with built-in rental income, or an investor looking to maximize upside in a prime infill location. **The Type-47 License, furniture, fixture and equipment, business name and good will, sold separately as bulk sale. Contact listing agent for price and details.**
Listing Highlights
Status
Active
Days on Site
30
Property Type
Commercial Sale
MLS ®
MB26039343
Year Built
1927
Total Square Footage
24,800
Lot/Acreage
0.27
County
Los Angeles
Area
674 - Montebello
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: See Remarks
Exterior Details
- Lot Description: Corner Lot,No Land Lease
- Garage Capacity: N/A
- Zoning: C2
- Roof: Barrel,Rolled/Hot Mop
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6350005027
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
917 W Whittier Montebello, CA 90640
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