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917 W Whittier, Montebello
$2,999,999
MB26235500 MLS ⋅ Active Status
Exceptional opportunity to acquire a prominent 3-story commercial building featuring two established banquet ballrooms and seven income-producing storefront retail units, situated on a fully signalized corner in the heart of Montebello's thriving commercial district. The centerpiece is the second-floor banquet and event operation, featuring two elegant vintage-style ballrooms with a combined capacity of 350 guests. The Grand Ballroom accommodates 250 guests, while the second ballroom accommodates 100, providing flexibility for events of varying sizes. Designed for full-service dinner events, the venue hosts weddings, quinceañeras, corporate functions, anniversaries and special celebrations. Amenities include a commercial kitchen, full-service bar with Type-47 liquor license, dressing rooms and house DJ equipment. This well-established banquet business has operated for many years, developing a strong reputation and loyal clientele. Repeat business and referrals from satisfied past clients are significant drivers of the operation, providing a foundation for continued success and growth. Seven leased ground-floor storefront retail units generate additional rental income, creating multiple revenue streams and an attractive opportunity for an owner-operator or investor. CONVENIENT NEARBY PARKING: While the property has no on-site parking lot, the venue utilizes a nearby City public parking lot with approximately 46 spaces and an additional leased private parking lot with over 20 spaces. Both are located on 10th Street, just north of Whittier Boulevard, within easy walking distance. Parking is subject to availability and applicable lease arrangements. The property's prominent corner location offers excellent visibility, strong street presence and convenient access throughout the San Gabriel Valley and Greater Los Angeles area. A rare opportunity to acquire an established special-event destination complemented by income-producing commercial real estate, with potential for continued growth and long-term investment value. IMPORTANT SALE TERMS: The Type-47 liquor license, furniture, fixtures and equipment (FF&E), business name and goodwill are offered separately through a bulk sale. Contact listing agent for pricing and details. SELLER FINANCING AVAILABLE: Owner may carry a first trust deed with approximately 50% down payment, subject to seller approval of terms and buyer qualifications.

917 W Whittier, Montebello

3413 W Beverly Boulevard, Montebello
$900,000
IV25121141 MLS ⋅ Active Status
Great mixed-use commercial + residential building with retail/office space on the ground floor with excellent street exposure and excellent signage potential built into the façade of the structure Located on busy Beverly Blvd. and a great upstairs 2 bedroom / 2 bath apartment. Both units have two separate entrances at the front and rear of the two story building and, separate meters for all utilities (Gas, Water and Power). Gated parking at the rear of the property for 4 cars. The 2nd floor is a very nice residential unit for the retail / office owner or occupant or it can be rented out separately to a tenant for extra income. Ground level was previously used as an office space, with a reception desk, a conference room and several sub-divided open workstations or cubicles. The lower office / retail unit also has 2 bathrooms and a full kitchen. Upper unit has a separate entrance from the street and enters into a spacious living room with large windows and a skylight, and has another entrance at the rear of the building also. The upper unit is nicely renovated and has 2 bedrooms and 2 baths with a kitchen and a dining area. The kitchen has been upgraded with granite countertops and newer appliances and the separate laundry room upstairs has a washer & dryer hook ups. The whole property is very secure with cameras, gated windows and doors, private parking for 4+ cars wrought iron automatic gate with an alley entrance. High traffic in a prime location zoned for general commercial welcoming retail, office, medical, food service, etc. Confirm with the City of Montebello. Seller is motivated. Bring offers and let's get this one in escrow..

3413 W Beverly Boulevard, Montebello

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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