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917 Whittier Blvd 24,800 SF Retail Building Montebello, CA 90640 $3,300,000 ($133.06/SF)
Investment Highlights
- Owner/User Opportunity for a Banquet Hall Operator
- Price Reduction
- features seven ground-level units
- located in the heart of the City of Montebello
- signalized intersection with multiple points of ingress and egress offers excellent visibility and accessibility
- The two-story building encompasses a total area of 24,800 square feet on an 11,000 sq. ft. lot
Executive Summary
Premier 3-Story Corner Commercial Building with Established Event Venue & Retail Income
Located at a fully signalized intersection in the heart of Montebello’s primary commercial corridor, this highly visible 3-story mixed-use asset offers a rare opportunity for an owner-user or investor.
The second floor features two fully built-out vintage-style ballrooms with a combined capacity of 350 guests. The Grand Ballroom accommodates up to 250 guests, with an additional 100-guest ballroom ideal for concurrent or smaller events. The venue is designed for full dinner service events including weddings, quinceañeras, corporate functions and special events. Improvements include a supporting commercial kitchen, full-service bar with Type-47 liquor license, dressing rooms, and house DJ equipment. Multi-year established banquet and event operation provides immediate income potential.
The ground floor consists of seven street-front retail units generating additional rental income, creating diversified cash flow and long-term upside. Strong corner exposure, steady traffic counts, and central positioning within Montebello’s commercial district enhance the property’s long-term value.
Ideal for banquet hall operators, hospitality groups, or investors seeking a mixed-use income property with event-driven revenue and retail tenancy.
Contact additional details.
Located at a fully signalized intersection in the heart of Montebello’s primary commercial corridor, this highly visible 3-story mixed-use asset offers a rare opportunity for an owner-user or investor.
The second floor features two fully built-out vintage-style ballrooms with a combined capacity of 350 guests. The Grand Ballroom accommodates up to 250 guests, with an additional 100-guest ballroom ideal for concurrent or smaller events. The venue is designed for full dinner service events including weddings, quinceañeras, corporate functions and special events. Improvements include a supporting commercial kitchen, full-service bar with Type-47 liquor license, dressing rooms, and house DJ equipment. Multi-year established banquet and event operation provides immediate income potential.
The ground floor consists of seven street-front retail units generating additional rental income, creating diversified cash flow and long-term upside. Strong corner exposure, steady traffic counts, and central positioning within Montebello’s commercial district enhance the property’s long-term value.
Ideal for banquet hall operators, hospitality groups, or investors seeking a mixed-use income property with event-driven revenue and retail tenancy.
Contact additional details.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$7,700
|
$0.31
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$7,700
|
$0.31
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $7,700 |
| Annual Per SF | $0.31 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $7,700 |
| Annual Per SF | $0.31 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,800 SF
Building Class
C
Year Built
1927
Price
$3,300,000
Price Per SF
$133.06
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.11
Lot Size
0.27 AC
Zoning
MNC2*
Frontage
86’ on W. Whittier Blvd
Amenities
- Bus Line
- Corner Lot
- Food Court
- Restaurant
- Signage
- Signalized Intersection
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6350-005-027 | Improvements Assessment | $281,941 |
| Land Assessment | $943,911 | Total Assessment | $1,225,852 |
Property Taxes
Parcel Number
6350-005-027
Land Assessment
$943,911
Improvements Assessment
$281,941
Total Assessment
$1,225,852
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