For Sale / CA / Los Angeles County / Los Angeles / 90015 / 916 S Hill St

916 S Hill St Los Angeles, CA 90015

  • For Sale $27,000,000

  1. 22,934 sq ft lot
The Hill Street Lofts project is located on South Hill Street between 9th St. and Olympic Blvd. in the trendy South Park district of Downtown Los Angeles. Currently Joe?s Parking, the site is fully entitled for the ground-up construction of a 340 ft. high-rise mixed use project consisting of 239 condominiums and 5,405 sq. ft. of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. ft. balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Project is FULLY ENTITLED and building permit is ready to issue/shovel ready. All plans have been approved.This parcel is situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the Staples Center/LA Live, Grand Central Market, Whole Foods, Disney Hall, The Bloc. 7th & Fig and the best shopping, dining and nightlife DTLA has to offer. This project is 100% exempt from union labor and affordable housing requirements adding tremendous value to ROI.Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units APN: 5139003012, 5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2:1.
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Property details

Lot size
22,934 sq ft lot
Type
Lot / Land
Parking spaces
Garage (0), Carport (0), Uncovered (0)

Listing information

MLS #
SR19231152
Listed by
Rommy Shy, Rommy Shy, BRE #01874848

MLS details

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Location

Neighborhood
Downtown Los Angeles
Subdivision
Downtown L.A.
County
Los Angeles County
916 S Hill St, Los Angeles, CA 90015

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