Issacs Building

Issacs Building
The building in 2014
Issacs Building is located in the Los Angeles metropolitan area
Issacs Building
Location of building in Los Angeles County
Location737-747 S. Broadway, Los Angeles, California
Coordinates34°02′41″N 118°15′16″W / 34.0447°N 118.2545°W / 34.0447; -118.2545
Built1913
Part ofBroadway Theater and Commercial District (ID79000484)
Designated CPMay 9, 1979[1]

Issacs Building is a historic eight-story office building located at 737-747 S. Broadway in the Broadway Theater District in the historic core of downtown Los Angeles.

History

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Issacs Building was built in 1913 and it housed a Reich and Lièvre in 1917.[2] In 1979, when the Broadway Theater and Commercial District was added to the National Register of Historic Places, Issacs Building was listed as a contributing property in the district.[1]

Issacs building sold for $925,000 in 1997 ($1.76 million in 2023)[3] and $4.65 million in 2013 ($6.08 million in 2023).[4] In 2022, the building was put up for sale for $20.5 million ($21.3 million in 2023) but it did not sell. The following year, the building was put up for auction with a starting bid of $4 million ($4 million in 2023).[5]

The building is a significant contributor to Sneaker Row, which emerged in the area in the 2010s.[6]

Architecture and design

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Issacs Building is made of concrete with a glazed and molded terra cotta facade. The building features Gothic detailing and a large facade covers most of the northern half of the front of the building.[1]

See also

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References

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  1. ^ a b c "National Register of Historic Places Inventory Nomination Form - California SP Broadway Theater and Commercial District". United States Department of the Interior - National Park Service. May 9, 1979.
  2. ^ "Reich and Lièvre advertisement". Los Angeles Times. March 3, 1917. p. 3. Retrieved 22 May 2019.
  3. ^ "745 South Broadway, Los Angeles, CA 90014 Property Information". PropertyShark. Retrieved November 21, 2024.
  4. ^ "737 South Broadway, Los Angeles, CA 90014 Property Information". PropertyShark. Retrieved November 21, 2024.
  5. ^ Farr, Isabella (October 2, 2023). "Starting bid for a Downtown LA office building? $53 psf". The Real Deal.
  6. ^ Slayton, Nicholas (November 13, 2017). "The Emergence of Sneaker Row". Los Angeles Downtown News.