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917 Whittier, Montebello, CA 90640
Priced at Only: $3,300,000
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Address: 917 Whittier, Montebello, CA 90640
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  • MLS#: MB26039343 ( Specialty )
  • Street Address: 917 Whittier
  • Viewed: 1
  • Price: $3,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: LOS ANGELES
  • City: Montebello
  • Zipcode: 90640
  • Provided by: GEORGE MICHAEL REALTY
  • Contact: ARMANDO ARMANDO
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional opportunity to acquire a 3 story commercial building located on a fully signalized corner in the heart of Montebellos 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, quinceaeras, 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 Montebellos 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.**
Features
Assetclass
  1. Retail
  2. Specialty
Building Area Total
  1. 24800.00
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Current Use Comments
  1. Event Ballrooms
Heating
  1. Central
Land Use
  1. Retail
  2. Office
  3. Other
Laundry Features
  1. Inside
Parcel Number
  1. 6350005027
Property Type
  1. Specialty
Retail Square Footage
  1. 10205
Roof
  1. Barrel
  2. Rolled/Hot Mop
Totalmonthlyrent
  1. 7700
Utilities
  1. Natural Gas Connected
  2. Electricity Connected
Virtual Tour Url
  1. https://www.wellcomemat.com/mls/55ic18492ddf1mh4n
Water Source
  1. See Remarks
Year Built
  1. 1927
Year Built Source
  1. Assessor
Zoning
  1. C2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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