 The property currently houses La Velvet Margarita Cantina, True Tattoo, and 1616 Designs.La Velvet Margarita opened its doors on Cinco de Mayo, 2004, and every year the anniversary is celebrated by hosting the Celebrity Poker Charity Benefit for Adley's Friends Of El Faro Orphanage.Over the years, the Top-Zagat rated restaurant's many honors have included “Top New Restaurant Pick in L.A.” (Newsweek Magazine), "#1 Tequila Bar in Los Angeles" (Citysearch), "Who's Who In Restaurants" (The Heritage Registry), "Top Seven in California" (KABC-TV), 10best.com Editor's Pick (LA Nightlife), and letters of recognition from California Governor Arnold Schwarzenegger and Los Angeles Mayor Antonio Villaraigosa for outstanding achievement in the Hollywood business community.