Significant price improvement! This architectural two-level penthouse in the historic Douglas Building features 16ft + high ceilings, incredible light and dramatic north facing views of City Hall, St Vibianas and the new Grand by Gehry complex. Originally constructed as an office building in 1899, the Douglas was converted into 50 live/work lofts in 2005. With gorgeous hardwood floors, exposed brick walls and banks of panoramic windows, the large open floor plan living and dining area is perfect for entertaining and offers tremendous flexibility. One could even partition a section of the room off for use as a second bedroom if needed. The kitchen features custom Poggenpohl cabinetry, a new kitchen island with quartz counters, a spacious pantry and stainless appliances by Bosch and Fisher and Paykel. A separate laundry closet contains an almost new Thinq by LG vented washer/dryer stack. An enclosed primary bedroom suite has ample space for a king bed, custom blackout blinds and an ensuite primary bath with limestone countertops, Waterworks fixtures and a deep soaking tub. A second full guest bathroom is located on the opposite side of the unit. The mezzanine level upstairs is accessed by a spiral staircase and is an ideal space for a home office or TV room. A skylight provides terrific light and the space has its own powder room and access to a large storage room, a rarity in DTLA.The building's location at the corner of Spring and 3rd is the epicenter of great DTLA dining, including nearby Grand Central Market, all the great sushi and ramen of Little Tokyo, Red Bird, Badmaash and Blue Bottle Coffee. The unit has an assigned parking space in the underground garage and the Douglas Building is a Mills Act approved historical site that entitles owners to significant property tax savings. The building's elegant entry lobby features a security desk and the building is pet friendly and even offers a doggie run.