CBRE is pleased to present The Winfield's new, fully renovated adaptive reuse opportunity, completed in September 2023. The residential apartment units are fully leased to a hospitality tenant for 10 years triple-net. Significant net operating income is in place, with annual rent escalations. The Winfield was built in 1929 and was formerly the flagship store for Foreman & Clark, a men’s clothing store. The sleek exterior leads to a beautiful gold-painted and marble lobby. Building amenities include full-size kitchenettes, in-suite laundry units, Roku for streaming, luggage storage, a yoga room, a library, and a courtyard. The Winfield is just a short walk from the historic Angel’s Flight Railway and the Bradbury Building. Downtown Los Angeles is a vibrant and fast-paced city center. This historic neighborhood boasts stunning architecture, global eateries and bars, and lively entertainment. The Fashion District, Grand Central Market, and the city's several museums are significant points of interest nearby.