Purchase price was just reduced. The property is available for owner-user purchase or lease at $2.50 PSF gross, offering flexibility for buyers or tenants seeking immediate occupancy. An ideal opportunity to lease short-term while waiting for interest rates to stabilize, then transition into ownership. Surrounded by garment manufacturers and designer sample offices, the property benefits from strong industry synergy and steady demand. Located near the Downtown LA Fashion District, this location offers a competitive gross rent structure compared to core DTLA pricing while maintaining proximity to the same customer and vendor base.