Starting Bid for a Downtown LA Office Building? $53 PSF

How much will an empty, eight-story office building in Downtown Los Angeles cost you? As low as $53 per square foot.

A 75,000-square-foot building at 737 South Broadway is going up for auction at the end of this month — and the starting bid is $4 million, or roughly $53 per square foot, according to a Ten-X listing.

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