917 W Whittier, Montebello, CA 90640
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917 W Whittier, Montebello, CA 90640
917 W Whittier, Montebello, CA 90640
917 W Whittier, Montebello, CA 90640
917 W Whittier, Montebello, CA 90640
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$ 3,300,000
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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.** Owner may carry 1st TD with approximately 50% down payment ***

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, Owner May Carry

Listing Terms Cash, Cash to New Loan, Owner May Carry

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/55ic18492ddf1mh4n


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Listed by ARMANDO ARENAS GEORGE MICHAEL REALTY 323-697-2010, DRE #01168227

NEARBY SCHOOLS & PROPERTIES

Bryan Garrity

Bryan Garrity

Advisor | License ID: 01501862

+1(858) 525-3202

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917 W Whittier