ActiveCommercial · sale

917 W Whittier

Montebello, CA 90640

$2,999,999

  • 0.27 acres
  • Built 1927

Listed by CENTURY 21 ALLSTARS · MLS #MB26235500

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

Interested in this property?

Team ERA is here to help. Tell us what you’re looking for, and we’ll connect you with a local ERA professional.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

917 W Whittier, Montebello, CA 90640 · MLS #MB26235500

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1927.

Property size

0.27 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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.

THE NEIGHBORHOOD

Explore the location.

917 W Whittier, Montebello, CA 90640

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1927
Cooling
CentralAir
Heating
Central
Zoning
MNC2
Parcel
6350005027

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Ownership planning and property management

ERA PROPERTY MANAGEMENT

A team for what comes next.

Your plans for a property go beyond the purchase. Talk with ERA about the management services available for your property type and market.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Discuss property managementTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

More in Montebello.

Listing information

MLS #MB26235500 · California Regional MLS

Listing brokerage: CENTURY 21 ALLSTARS
Listing agent: ARMANDO ARENAS

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.