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$199,000 Just Listed
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Property Description
Excellent turnkey restaurant business opportunity in the heart of Monterey Park! Located along the highly desirable Atlantic Blvd commercial corridor near Garvey Ave, this approximately 3,385 SF restaurant is situated within one of the San Gabriel Valley's most established Asian dining and retail districts, offering excellent visibility, convenient access, and strong surrounding commercial activity.
The restaurant features an existing full restaurant build-out with dining area, commercial kitchen, refrigeration and other restaurant-related furniture, fixtures and equipment. Seller-owned FF&E and inventory are intended to be included in the sale, subject to the final Asset/FF&E List and purchase agreement.
An existing Type 41 On-Sale Beer & Wine - Eating Place license is associated with the business and may be included in the transaction, subject to California ABC approval and applicable transfer requirements.
A major advantage of this opportunity is the flexibility of the lease. Subject to landlord approval, a qualified buyer may potentially assume/assign the existing lease, or negotiate a new lease directly with the landlord. This provides an excellent opportunity for an experienced restaurant operator to continue the existing concept or introduce a new restaurant concept, subject to landlord and applicable governmental approval.
Ideal for hot pot, Chinese cuisine, Asian dining, specialty restaurant, or other food-service concepts. Take advantage of an existing restaurant infrastructure and established Monterey Park location without starting a restaurant build-out from scratch.
Business opportunity / asset sale only. Real property is not included. Buyer to independently verify all business, lease, licensing, equipment, square footage, and operational information.
Full Property Details
Full Property Details for 120 S Atlantic Blvd
General
- Price: $199,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: CV26181621
- Updated: 8/20/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
- Year Established: 2025
Location
- County: Los Angeles
- Driving Directions: Cross streets: Atlantic blvd and Garvey Ave
Listed by Ameriway Realty, WeiChang
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Schools
Schools serving 120 S Atlantic Blvd
School District:Alhambra Unified School District
| Name | Grades | Distance |
|---|---|---|
Monterey Highlands Elementary School 400 Casuda Canyon Drive, Monterey Park, CA 91754 | K-8 | 1.3 mi |
Mark Keppel High School 501 East Hellman Avenue, Alhambra, CA 91801 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 S Atlantic Blvd
Date
Details
Price
Change
Source
8/19/2026
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 S Atlantic Blvd
120 S Atlantic Boulevard, Monterey Park, CA 91754 (MLS# CV26181621) is a Business property. 120 S Atlantic Boulevard is currently listed for $199,000 and was received on August 19, 2026. Want to learn more about 120 S Atlantic Boulevard? Do you have questions about finding other Business real estate for sale in Monterey Hills? You can browse all Monterey Hills real estate or contact a Coldwell Banker agent to request more information.

