For Sale / CA / Los Angeles County / Los Angeles / 90014 / 601 S Main St

601 S Main St Los Angeles, CA 90014

  • For Sale $60,000,000
  • Home Bay Refund $750,000

  1. 0 full, 0 partial baths
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.
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Property details

Bathrooms
0 full, 0 partial
Lot size
Year built
1981
Type
Multi Family
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
SR18248878
Listed by
Rommy Shy, Rommy Shy, BRE #01874848

MLS details

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This information is provided by CRISNet MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2019 CRISNet MLS. All rights reserved.


Location

Neighborhood
Downtown
Subdivision
Downtown L.A.
County
Los Angeles County
601 S Main St, Los Angeles, CA 90014

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