The Offering
The Metropolitan
The Metropolitan Building is a 161,232 SF Beaux-Arts mixed-use landmark on a 19,358 SF parcel in the heart of Downtown Los Angeles' Historic Core. Designed in 1913 by John Parkinson, the architect behind Union Station, City Hall, and the Coliseum, and the first building in DTLA converted to loft residences under the Adaptive Reuse Ordinance, the Metropolitan offers a compelling value-add opportunity with immediate rental upside and significant operational optimization potential.
Investment Highlights
- Beaux-Arts landmark designed by John Parkinson (1913)
- First DTLA Adaptive Reuse Ordinance conversion
- 88 residential loft units plus ground-floor retail
- Walkable to Grand Central Market, Rialto Theatre, and the Bradbury Building
- Value-add opportunity with in-place upside to market rents
