Photos: Downtown L.A.’s historic Grand Central Market

Grand Central Market, on Broadway between 3rd and 4th streets, draws nearly 2 million visitors annually.

The market has dozens of food stalls, including G & B Coffee, where a barista pours a beverage.

Grand Central Market is a popular destination for locals and tourists. It’s open every day.

Among the market’s many eateries is Sari Sari Store, which sells Filipino food made by a James Beard Award nominee.

Jose Malaquias Chox Ixmata grabs some mushrooms at Sari Sari Store, a new addition to Grand Central Market that has received positive reviews.

Anne Trumble, second from right, and Erin Blayney, right, watch Kyle Fitz shuck oysters at an oyster festival at Grand Central Market in 2015.

The new owner of Grand Central Market and Million Dollar Theater is Adam Daneshgar, president of Langdon Street Capital. “We are not looking to go in and change or overhaul anything,” he says.

The Million Dollar Theater at Broadway and 3rd Street has been closed for years but will be reactivated by an undisclosed new tenant.

Grand Central Market, shown in December 1978, and Million Dollar Theaters were landmarks in disrepair in a neighborhood that had grown disreputable when they were bought by Ira Yellin in the mid-1980s.

Shoppers swarm the fresh fruit and vegatable stalls at Grand Central Market in August 1979.

Irv Karan at his dried ftuit and nuts stand at Grand Central Market in August 1985. Ira Yellin spent millions of dollars to restore the market and Million Dollar Theater.

Grand Central Market, shown in August 1979, is in the Homer Laughlin Building, one of the city’s oldest commercial structures in continuous use.

Grand Central Market, shown in April 1987, is “a unique marketplace where you don’t just go to eat,” new owner Adam Daneshgar said. “You go there because it is an experience and you want to do something different, to soak it all in.”