The lease rate can start @ $4.00 per foot for short term and will be adjusted to up $6.00 per foot with a long term commitment from both parties. The landlord is willing to work with a new long term commitment with upgrading the interior with new bathrooms, requested tenant improvements and possibly a new façade on the exterior to meet the current trends while retaining the integrity of the bow truss design in the interior. All deal points are negotiable for a long term commitment with a lease rate targeting $6.00 pf or as is for short term at $4.00. Hancock Park, Miracle Mile and Museum Row adjacent -This is a great location sandwiched between some major new developments in the immediate area that are built, under construction and being planned within walking distance with expanding upscale offices, boutique stores and restaurants such as the neighboring Republic Restaurant. Just down the street is the new La Brea -Wilshire Metro Subway station with a 42 story mix use development immediately next door at 623 - 671 La Brea. Additional projects that are within walking distance to the property include 5350 Wilshire - 44 story mix use project with 419 apt.'s with commercial office - retail on the 1st two floors, 5411 Wilshire - 42 story mix use with 317 apt.'s plus commercial and 5700 Wilshire - a combine 35 and a 42 story mix use professional office building with over 2,340,000 sq. ft. of office space. The property is divided into a wide open showroom - floor area of approximately 6,300 sq. ft. and a mezzanine area of approximately 1,400 sq. ft. divided into three sections on the north and south sides of the building with a beautiful reconditioned bow truss ceiling above it all. Parking is available at adjacent sites on a daily, monthly - annual fee arrangement. There is also curbside metered parking along La Brea, 6th St. and two hour parking in the community side streets.