Views
Address
601 S Main Street Lot 5 Los Angeles, CA
Price
$ 69,900,000
Property Attributes
- ML#SR20121531
- TypeLand
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90014
- Style
- Price$ 69,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.4 Acres
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy.
Property Description
601-625 S. Main project is located 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, fully-entitled 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 all of Downtown Los Angeles. The 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, along with 24,368 retail sq. ft. and 195,000 sq. ft. TFAR. There will be a 5-level above ground parking garage with 858 parking spaces. Estimated project revenue to be over $500 million from developer’s sale as condominiums. No affordable housing or union labor requirements. Unit Breakdown: Studio – 11 units; 1-bedroom – 110 units; 2-bedroom – 320 units; 3-bedroom – 11 units Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District are all within 1-mile radius. Seller will consider a JV with qualified general contractor. Partner must bring minimum of $30M as capital contribution to the partnership.
| Price History | |
|---|---|
| 6/23/2020 | Listed $69,900,000 |
General Features
| Community Features | Urban |
|---|---|
| Directions | Southwest corner of 6th and Main St. |
| HOA Fee | 0.00 |
| Listagentaor | Southland |
| Listing Agent | Rommy Shy - BRE#01874848 |
| Listing Agent State License | 01874848 |
| MLS Area | C42 - Downtown L.A. |
| Price Per Square Foot | 1149.31 |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| View | City Lights |
| Zoning | LAC2 |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Lot Size Acres | 1.3962 |
| Lot Size Area | 60819.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 60819.00 |
| Lot Size Units | Square Feet |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- 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
Visits
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