MLS® ID: SR18248878CN

601 S Main St

Los Angeles, California, 90014

$60,000,000 Active
  • 25592 SQFT
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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Listing courtesy of Rommy Shy

Amenities

  • Zip
    90014
  • Office name
    Rommy Shy
  • SQFT
    25592
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LAC2
  • Year built
    1981
  • Lot size
    25592
  • Sewer
    Sewer
  • Tax year
    0
  • Agent name
    Rommy Shy
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Area
    Downtown L.A.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1178106
  • Agent ID
    1396539

Location

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