This $5,888,888.00 building was constructed with heavy steel I-beams in addition to the current materials of the day. The second generation of the family is prepared to sell the Property to a motivated buyer who can restore the Building to its original splendor while maximizing all residential and retail income. The family is motivated to sell their Building and will entertain all reasonable market offers. This is an “As-Is” sale. This is a rare opportunity to acquire a mixed-use multi-family building in this downtown Los Angeles submarket. The property is a mixed-use +26,000 square foot building consisting of +6,667 square feet of three ground floor retail units, +3,000 square foot finished basement and 24 one room/one bathroom apartments on the 2nd and 3rd floor (12 units per floor).