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$ 3,300,000
Est. payment /mo
Active
917 W Whittier Montebello, CA 90640
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB26039343
HOA Y/N No
Year Built 1927
Lot Size 0.273 Acres
Lot Dimensions Assessor
Property Sub-Type Special Purpose
Property Description
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.**
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.**
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning C2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Barrel,Rolled/Hot Mop
Building
Lot Description Corner Lot
Story 3
Water See Remarks
Others
Tax ID 6350005027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://www.wellcomemat.com/mls/55ic18492ddf1mh4n
Listed by ARMANDO ARENAS GEORGE MICHAEL REALTY 323-697-2010, DRE #01168227
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