KW Commercial and Anvers Capital Partners, as exclusive advisors are proud to present for sale “The Insurance Exchange Building”, a 12-story (plus basement) adaptive reuse opportunity located in central Downtown Los Angeles.
Built in 1924 by father and son architects Curlett & Beelman, the property consists of ±124,374 SqFt, sitting on a lot approximately 13,241 SqFt in size. The property consists of 12 stories, with ground level retail and a massive basement area.
The property is currently leased to a multitude of tenants mostly in the garment industry, with all tenants occupying the property under month to month tenancies. Located on the corner of 9th and Olive, the property is situated in the heart of Downtown Los Angeles between the Financial and South Park Districts. The property is walking distance to a wide array of restaurants, bars, and shopping destinations including LA Live.