Exceptional investment or owner-user opportunity in the heart of Downtown Los Angeles' Historic Core, ideally located between 7th and 8th Streets and immediately adjacent to Ross Dress for Less. 23,061 SF 4-story building with basement, mezzanine, and rooftop patio. Ground floor retail + upper floor office space. The property is surrounded by a vibrant mix of retail, hospitality, and residential development, with popular destinations including Level Hotel, Clifton's Republic, Shake Shack, Urban Outfitters, Whole Foods Market, Bottega Louie, and Pershing Square all within walking distance. Thousands of nearby residential units provide a built-in customer and workforce base. The building has undergone more than $2.5 million in capital improvements, including upgraded electrical and plumbing systems, separate HVAC units for each floor, private restrooms on every level, and private elevator access. Fully sprinklered throughout, the property currently generates approximately $34,554 in gross monthly income, with approximately 2,805 square feet of vacant space on the third floor presenting an immediate value-add leasing opportunity.