Ocean West acquired the property off-market in June 2018. Built in 1923, The Taft Building was the first high-rise in Hollywood and sits adjacent to the world-renowned Pantages Theater and Hollywood Walk of Fame. The Taft Building has been classified as a Los Angeles Historic-Cultural Monument since 1999. The building’s unique architectural characteristics, including exposed red brick, operable windows, exposed ceilings, and polished floors, are in high demand with today’s creative office tenants.
The building is the recipient of the 2021 TOBY Award for the best Historical Office Building in the greater Los Angeles Area.