Amazing property to Own...SP's favorite Professional Building. First time available in 27 years, this meticulously maintained and Best in Class property comes to market. Due to influx of apartment development in the downtown, and planned residential conversion of only Class A highrise, finding quality professional office space is challenging for tenants. Actual In-Place 2026 Net Income is $518,901 with 100% occupancy. Below market rents provide STRONG UPSIDE over next 2 yrs, with achievable market rent ranging $2.25-2.35. Aproximately 38% of the tenants are 12-28% below prevailing rental rate for the Building, and turning over in the next 2.25 years. YR 2 cap est over 7%. Additional income available through unrealised OE incr expense pass-throughs. Major longterm tenants include: Berg & Assoc., County of LA/ Supervisor Hahn, Ephiphany, Crowley, Pierry McAdams and numerous other law /professional firms; Think Cafe (Downtown's favorite lunch spot).