601 S Main Street

  • Los Angeles

  • $60,000,000
Share

Residential Income Details

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.
Essential
MLS #SR18248878
Price$60,000,000
Number of Units452
Sale TypeStandard
StatusActive
Listing BrokerageRommy Shy
Listing AgentRommy Shy
Listing Agent BRE #01874848
Interior
Exterior
Garage Spaces858
PoolPrivate
Community
AreaC42 - Downtown L.A.
CommunityUrban
Address601 S Main Street
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90014
School

InquireNow

We ensure your contact information is kept secure.

Based on information from California Regional Multiple Listing Service, Inc. as of Friday, October 12, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.