Pieces Of Landmark Wilshire Grand Hotel Available In Liquidation Sale

LOS ANGELES (CBS) — For those interested in owning a piece of a Hollywood Landmark, Downtown L.A.'s Wilshire Grand Hotel is being liquidated with everything from grand pianos to silverware up for grabs.

It is a tour of the Wilshire Grand like you have never seen before. Hotel history, nearly every piece of the property is available for purchase.

"This is going to be the largest garage sale Los Angeles has ever seen," a liquidation representative said.

The L.A. landmark was built in the early 1950s and closed last December to make way for a new 45-story hotel.

On Thursday doors will be opened to the public for a wall-to-wall liquidation sale.

"Even the walls are for sale -- hundreds of thousands of pieces of linen, hundreds of flat-screen TVs," he said.

From silverware to ceilings to baby grand pianos -- $2 million worth of items will be available.

The lobby is now a showroom, displaying items from rooms. Mind you, there were 1,000 rooms in the hotel.

"Between three and 6,000 lamps; there's a king bed, complete bed is $359. Mirrors for $19, artwork for $6," the representative said.

In the gift shop has been turned into gallery where you can find painting and fine art. There you may find "steals" with stories.

"Retro is back, right? But this is original 1952. It still has sticker in it for information to dial for the police back then," the representative said showing off a nightstand.

An entire ballroom is filled with trinkets, such as water pitchers marked with original hotel crests. But if kitchenware is not your cup of tea, how about a restaurant?

"We have five restaurants. Means we have five kitchens," he said. "The tables are $2,000 each."

Every piece is priced at about 25 to 30 percent off retail. But no haggling will be allowed, just buyers interested in a grand opportunity.

The sale begins Thursday at 9 a.m. and will be held every day until everything is sold.

For more information visit www.iclsales.com.