LA’s Graffiti Towers Sells For $470 Million

Posted: March 22, 2026 | Source: www.ladowntownnews.com

LA’s Oceanwide Plaza has been in limbo since 2019 when the developers ran out of money. It has been the target of taggers and base jumpers with 27 floors of graffiti. The skyscraper has finally been sold, and the new owner has promised to make it “the jewel of downtown LA.”