It was billed as the world's largest known collection of sports memorabilia and collectibles under one roof, including a /*Babe Ruth*/ uniform.
The facility boasts more than 10,000 items, worth more than $30 million.
The museum, located near downtown, will continue to offer tours by reservation for groups of 15 or more.
A similar museum in New York City closed last month citing financial problems.
MORE LOCAL HEADLINES FROM LOS ANGELES
SEND TIP || REPORT TYPO || TWEET @abc7 || WIDGET