601 S Main Street 5144001010 Los Angeles CA 90014 | MLS SR20121531

601 S Main Street 5144001010
Los Angeles, CA, 90014
$69,900,000
Beds
Baths
0 SqFt
1.4 Acres
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601-625 S. Main project is located 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, fully-entitled 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 all of Downtown Los Angeles. The 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, along with 24,368 retail sq. ft. and 195,000 sq. ft. TFAR. There will be a 5-level above ground parking garage with 858 parking spaces. Estimated project revenue to be over $500 million from developer’s sale as condominiums. No affordable housing or union labor requirements. Unit Breakdown: Studio – 11 units; 1-bedroom – 110 units; 2-bedroom – 320 units; 3-bedroom – 11 units Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District are all within 1-mile radius. Seller may consider carrying financing.

Property Details

Price:
$69,900,000
MLS #:
SR20121531
Status:
Active
Address:
601 S Main Street 5144001010
Type:
Land
City:
Los Angeles
Listed Date:
Jun 23, 2020 (10 days)
State:
CA
Lot Size:
60,819 sqft / 1.40 acres (approx)
Year Built:
0

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Urban
Lot Features
Corner Lot
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Public

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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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