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1646 N Las Palmas Ave 7,584 SF Retail Building Los Angeles, CA 90028 $5,402,007 CAD ($712.29 CAD/SF)
Investment Highlights
- Landmark Hollywood location along the Walk of Fame.
- Grandfathered Type-47 liquor license included.
- Surrounded by leading entertainment and dining venues.
- Prominent corner visibility in a high-traffic corridor.
- Grandfathered signage rights enhance brand exposure.
- Existing retail tenancy provides supplemental occupancy.
Executive Summary
CityStreet Commercial is proud to present 1646 N. Las Palmas Ave. to the Los Angeles market, home to the iconic Miceli’s Restaurant. This second-generation restaurant space with grandfathered signage rights offers exceptional visibility and brand presence in the heart of the Hollywood Entertainment District. Located just steps from renowned destinations such as the TCL Chinese Theatre, Ovation, and Musso & Frank Grill, the property benefits from consistent foot traffic from both tourists and locals. With prime street frontage on a high-profile corner and close proximity to hotspots like Mother Wolf, Grandmaster Recorders, and Dream Hollywood, this site is ideal for a full-service dining concept, a cocktail lounge, or an immersive hospitality experience.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,584 SF
Building Class
C
Year Built
1929
Price
$5,402,007 CAD
Price Per SF
$712.29 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.53
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
LAC4 - Heavy Commercial
Amenities
- Corner Lot
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 6,084 SF
- Retail
- -
- Sep 2026
- 1st Floor
- 1,500 SF
- Retail
- -
- Sep 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,084 SF | Retail | - | Sep 2026 |
| 1st Floor | 1,500 SF | Retail | - | Sep 2026 |
1st Floor
| Size |
| 6,084 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5547-014-015 | Improvements Assessment | $347,542 CAD |
| Land Assessment | $218,050 CAD | Total Assessment | $565,592 CAD |
Property Taxes
Parcel Number
5547-014-015
Land Assessment
$218,050 CAD
Improvements Assessment
$347,542 CAD
Total Assessment
$565,592 CAD
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1646 N Las Palmas Ave
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