Pawn Shop Surprise

You may have notice something interesting being revealed at 5901 Melrose Ave., on the 1934 building at the corner of Cahuenga Blvd. and Melrose Avenue, the longtime former home of the Brothers Collateral Pawn Shop.

“We knew about the era when this building was built that it would have beautiful bones. We could see the bow trusses and the huge ceiling, but did I ever think, this would be this beautiful, never!” explained an excited Diego Torres-Palma, whose company Ventana Ventures recently acquired the property. Torres-Palma told the Buzz he’s so impressed with the structure, they’re considering securing historic designation status for the building, something that panics typical developers. But Torres-Palma isn’t like most developers.