Exceptional Bar & Lounge Opportunity in East Los Angeles! Don’t miss this rare opportunity to own a fully equipped bar and lounge, ideally located on the border of Montebello and Monterey Park. This unique property offers 5,500 sq ft of commercial space on two combined lots totaling 10,382 sq ft and includes everything needed to operate a successful entertainment venue. The building features four restroomstwo standard and two ADA compliantoutdoor patio seating perfect for private events, and a spacious 3-bedroom, 2-bathroom residential unit upstairs, ideal for owner occupancy or rental income. The sale also includes a secure adjacent lot and a massive 3,500 sq ft basement (not included in the total square footage) with two additional restrooms. The property boasts a fully equipped commercial kitchen with a walk-in refrigerator, six sushi refrigerated display cases, appliances, furniture, and office spaceall included in the turn-key sale of the building and business. While the property currently holds ABC liquor licenses #48, #58, and #77, these licenses are not included in the sale price but may be available separately. With its high-traffic location, extensive amenities, and flexible layout, this is a prime opportunity for a seasoned operator or investor to own a one-of-a-kind nightlife venue in a thriving area. ***Professional Pictures and Financial information will be provided once active on the market***
MLS # | DW25123811 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 10 |
Listing Provided By | Century 21 Allstars | Erica Moreno |
SQ Feet | 5,500 |
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Story(s) | 2 |
Units | 1 |
Building(s) | 1 |
Acreage | 0.24 |
Heating | Forced Air |
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Heating Yes / No | Yes |
Lot Features | Rectangular Lot |
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Utilities | Electricity Available, Natural Gas Available, Water Available |
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Property | 16000 |
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State | CA |
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County | Los Angeles |
City | East Los Angeles |
Zip Code | 90022 |
Area | ELA East Los Angeles |
Listing VS Median (in 90022) | |
Price: $1,540,000 low | high Med: $765,000 SqFt: 5,500 low | high Med: 1,440 $ / SqFt: $280 low | high Med: $531 On site: 10 low | high Med: 20.000000 |