601 S Main Street Los Angeles CA 90014 | MLS SR18248878

601 S Main Street
Los Angeles, CA, 90014
$60,000,000
Beds
Baths
0 SqFt
0.59 Acres
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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.

Property Details

Price:
$60,000,000
MLS #:
SR18248878
Status:
Active
Address:
601 S Main Street
Type:
Residential Income
City:
Los Angeles
Listed Date:
Oct 12, 2018 (225 days)
State:
CA
Square Ft (approx):
0
ZIP:
90014
Lot Size:
25,592 sqft / 0.59 acres (approx)
Year Built:
1981

Schools

Interior

Exterior

CommunityFeatures
Urban
GarageSpaces
858.00
LotFeatures
0-1 Unit/Acre
PoolFeatures
Private
Sewer
Public Sewer
WaterSource
Public

Financial

AssociationFee
0.00

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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Courtesy of Rommy Shy. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2019. California Regional Multiple Listing Service. All rights reserved.
601 S Main Street
Los Angeles, CA