x
Address
601 S Main Street Los Angeles, CA
Price
$ 60,000,000
Property Attributes
  • MLS#SR18248878
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90014
  • Style
  • Price$ 60,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25592
  • Lot Size0.59 Acres
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy.
Property Description

The SB Omega is a fully entitled project on the southwest corner of 6th and Main St. in the heart of the Historic Core of Downtown LA. Currently the site of Joe’s Parking, this approved project will encompass 4 parcels and stand 390 ft. tall to include 38 stories above grade and 452 dwelling units. Upon completion, the building will be the tallest structure in the Historic Core and one of the tallest in Downtown Los Angeles. Land is currently used as a parking lot but has all entitlements and plans for a high-rise condominium building consisting of 458,308 residential sq.ft, 24,368 retail sq. ft. and 858 parking spaces. Seller is looking for a joint venture opportunity with an experienced contractor who must bring a $10,000,000 down payment to the partnership. Partner must acknowledge that the sale of the project will gross over $400 million and that construction costs will not exceed $160 million.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/12/2018 Listed $60,000,000

General Features

Attached Structure Detached
Community Features Urban
Directions On the Southwest corner of Main and 6th
HOA Fee 0.00
Listing Agent Rommy Shy - BRE#01874848
Listing Agent State License 01874848
MLS Area C42 - Downtown L.A.
Price Per Square Foot 2344.48
Special Listing Conditions Standard
Total Units 452
Zoning LAC2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 25592.00
Garage Spaces 858.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.5875
Lot Size Area 25592.0000
Lot Size Source Assessor
Lot Size Square Feet 25592.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 452
Number of Separate Gas Meters 452
Number of Separate Water Meters 1
Pool Features Private
Private Pool Y/N Yes
Sewer Public Sewer
Total Parking 858.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90014

Price
AVG $60M
$60M
Visits
AVG 115
204
Year Built
AVG 1981
1981
Walkscore
AVG 98
98

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