Commercial: MLS #0026101857 Los Angeles, CA ^$ 12,000,000

Commercial: MLS #0026101857

^$ 12,000,000

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Commercial: MLS #0026101857

Name: address
Address: CA, 90027

Los Angeles, CA, 90027

^$ 12,000,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 82,881

Commercial Property for sale in Los Angeles, CA

for $12,000,000. This building was built in 1930.

PRIME LOS FELIZ LOCATION 90027 -- This is a once in a lifetime Offering! The Famous Palermo Italian Restaurant is available for Sale! Please Note that there will be no Showings until the beginning of February 2027 -- Do Not Disturb Occupants. The Fully Equipped Restaurant is on one parcel (APN 5590-015-028) Building is 8,056 sq. ft., and the Land is 7,461 sq. ft. PLUS the Parking Lot is on another parcel (APN 5590-015-005) and the Land is 6,750 sq. ft. Please email any questions. Thank you.

Commercial Active

Price

^$ 12,000,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026101857

Features

General

Zoning LAC4

Year Built 1930

Building Name Palermos Restaurant

County Los Angeles

Property Type Commercial Sale

Status Active

City Los Angeles

MLS Area C22 - Los Feliz

Standard Status Active

Interior

Total Stories 0

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Size Area 7486

* Excluded Features

List By

Bruce Jay

Listing Agent

Unknown Office

Broker

Affordability Calculator

$82,881

Per Month

Monthly Principal & Interest: $82,881
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,606,103

Percent of Sale Price 78%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/13/2026	$12,000,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/14/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0026101857

Commercial Property for sale in Los Angeles, CA

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