917 W Whittier Montebello, CA $ 2,999,999
917 W Whittier
$ 2,999,999
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917 W Whittier

Montebello, CA, 90640
$ 2,999,999
Bedrooms-- Baths-- Sq 24,800

Monthly Estimate*

$ 20,720

Listed by ARMANDO ARENAS, CENTURY 21 ALLSTARS, armandosells25@gmail.com
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Commercial Property for sale in Montebello, CA

for $2,999,999. This 24,800 square foot building was built in 1927 on a lot size of 0.2734.

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.

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Commercial Active

Price

$ 2,999,999

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2734

Year Built

1927

Town/City

Montebello

County/Region

Los Angeles

MLS | Web ID

MB26235500

Days on Market

5

Features
General
Heating Central
Cooling Central Air
Roof Barrel Rolled/Hot Mop
Zoning MNC2
Security Features Fire Sprinkler System Smoke Detector(s) Security Lights
Year Built 1927
Property Subtype Mixed Use
Business Type Bar/Tavern/Lounge Commercial Dance Studio Mixed Multi-Tenant Restaurant Special Use
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Whittier Blvd to 1oth Street
City Montebello
Number Of Units Total 4106
MLS Area 674 - Montebello
Lot Size Units Square Feet
Lot Size Square Feet 11909
Number of Units Leased 7
Listing Terms Cash to New Loan Owner May Carry
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Mixed Use
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Lot Features Corner Lot Near Public Transit Street Level
Water Source See Remarks
Lot Size Area 11909
Number of Buildings 1
Building Area Total 24800
Lot Size Acres 0.2734
Lot Size Source Assessor
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* Excluded Features
List By
ARMANDO ARENAS

Listing Agent

Century 21 Allstars

Broker

armandosells25@gmail.com

Email

Affordability Calculator

$20,720
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,720
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$2,999,999 Listed Price

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917 W Whittier, Montebello, CA, 90640 is a Commercial Property for sale at $2,999,999 with 24,800 sqft and a lot size of 0.2734. 917 W Whittier was built in 1927. The property's zip code is 90640 which is in Montebello, CA