Former Headquarters Of Catalina Swimwear Could Become Lofts
The old headquarters of Catalina Swimwear Co (San Pedro and Winston streets) in Little Tokyo dates back almost a century.
Now new life may be breathed back into the building after it's been vacant and falling into disrepair for years. There are plans to turn the six-story building into live/work lofts.
Newport Beach’s Statewide Acquisitions Corp bought the building in March for $20.5M, according to Urbanize LA.
The firm plans to pay $11M to convert the building, now called "The Catalina," into 78 live/work lofts and 7k SF of commercial space on the ground floor. There also would be 14 penthouse units on the sixth floor.