PRICE DROP / MOTIVATED SELLER . Welcome to this stunning historic condominium at the Pan American building located in the heart of downtown Los Angeles. This 1,040-sf home boasts classic brick and steel architecture that is truly one-of-a-kind. Upon entering the space, you'll immediately notice the soaring ceilings, exposed brick walls, and large windows that flood the space with natural light. The open floor plan creates a spacious living area that is perfect for entertaining guests while the hardwood floors, exposed sprinklers, and structural beams add to the home’s unique character. Other features of this unit include an updated bathroom, in-unit laundry center, nest thermostat, blackout shades, and central AC and heat. The Pan American building is across the street from the world-famous Bradbury Building and Grand Central Market. It's within walking distance to Little Tokyo, The Grand, The Broad, and the Walt Disney Concert Hall. It's conveniently located near the i-10, I-110, and i-101 freeways as well as public transit. The building is well maintained and benefits from the Mills Act, which means lower property taxes. Don't miss your chance to own a piece of history in one of LA's most sought-after communities. NOTE THAT SALE IS SUBJECT TO SELLER IDENTIFYING A 1031 EXCHANGE PROPERTY. Contact us today to schedule a showing!