601 S Main Street, Los Angeles, CA 90014 | MLS SR18248878 | Listing Information | Real Living Sugar Pine Realty | Real Living Real Estate
Real Living Sugar Pine Realty
(209) 533-4242

601 S Main Street,  Los Angeles CA, 90014

25,592 sqft
Status: Active
MLS#: SR18248878
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Real Living Sugar Pine Realty
(209) 533-4242

Listing Provided Courtesy Of: Rommy Shy
Last Updated: 10/20/2018 2:17 AM
Description for 601 S Main Street Los Angeles, CA 90014
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.
Price
$60,000,000
Los Angeles
25,592 (approx)
SR18248878
Active
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.
Listing Information
Property Type: Cluster, Other
0.59 Acres 25,592 (approx) $2,344.48
1981
Neighborhood
Room Information
Laundry Area
Exterior / Lot Features
Pool
Private
LAC2
Urban
Driving Directions
On the Southwest corner of Main and 6th
Financial Considerations
5144001010
$4,360,000
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90014 has a population of 3,971,883.

The median household income in Los Angeles, California 90014 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90014 is 34.6 years.

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Courtesy: Rommy Shy - Rommy Shy
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This content last refreshed on 10/20/2018 2:17 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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