This asset was built as the Security Trust and Savings Bank in 1923 by world famous architects John and Donald Parkinson who also built the L.A. City Hall, The Union Station, and the L.A. Coliseum, Bullocks Wilshire, L.A. Hall of Justice and the USC Campus and is now a Historic Cultural Monument.
The building has a total of 12,400 square feet, with 5,400 square feet on the ground floor, 5,000 square feet on the second floor and 2,000 square feet in the basement. With 57 feet of linear frontage along Figueroa and 88 feet of linear frontage along Ave 56 the ground floor is all open space with huge windows allowing for more than adequate natural light. There is over one hundred linear feet of exposed red brick and Italian marble on the walls and marble covering the vault and covering four beautiful 16-foot-tall octagon columns. The ground floor has 16-foot-high ceilings.
The second floor has the original floor plan, never modified and designed by the world renowned architects John and Donald Parkinson in a similar manner to the LA City Hall. It has fourteen large 22 foot long executive rooms on each side of a five-foot hallway. The ceilings on the 2nd floor are 10 feet high. The solid wood doors are all 38” wide with transom windows. All rooms are interconnected with passage doors for communication between rooms.
There is a large (15’ x 8’) high illuminated mast sign on the roof which is 45 feet above the Figueroa Street visible for a half mile in both directions.