Downtown Los Angeles boosters had reasons to believe the area's struggling office market might finally be turning a corner. Prices seemed to have hit a bottom among recent sales, and some big-ticket leases signaled optimism that tenants are returning.
Historic office property's discounted sale underscores uneven recovery in downtown Los Angeles
PacMutual sells at fraction of prior price as region struggles to bounce back
CoStar News
October 29, 2025 | 3:57 P.M.
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IN THIS ARTICLE
- Properties
- PacMutual
523 6th St, Los Angeles, CA
- Companies
- La Caisse
Finance and Insurance
- Contacts
- Leonid Pustilnikov
Owner, Leonid Pustilnikov