601 S Main Street Los Angeles, California


Listing IDSR18248878
Price$60,000,000
Price/SqFt$2,344.48
StatusActive
SqFt 25,592
Acres 0.588
CountyLos Angeles
Year Built1981
Property TypeResidential Income
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.
© 2019. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing courtesy of Rommy Shy from Rommy Shy . Last updated Tuesday, July 23rd, 2019.

Contact - Listing ID SR18248878


Cesi Pagano

23807 Aliso Creek Road, #100
Laguna Niguel, CA 92677
Phone: (949) 370-0819
Fax: (949) 203-0487
Data services provided by IDX Broker
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