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    601 S Main Street

    Los Angeles (City), CA 90014
    • $69,900,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: SR20121531
    $69,900,000
    • 0
      BEDS
    • 1.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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+GGs 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+GGs sale as condominiums. No affordable housing or union labor requirements. Unit Breakdown: Studio +GG 11 units; 1-bedroom +GG 110 units; 2-bedroom +GG 320 units; 3-bedroom +GG 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 will consider a JV with qualified general contractor. Partner must bring minimum of $30M as capital contribution to the partnership.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-22T00:28:43.55. 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 deemed reliable but is not guaranteed accurate by the MLS or My Home Group. Licensed in the State of California, USA.

    www.mycahomesearch.com/homes/107132359
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    601 S Main Street Los Angeles (City), CA 90014

    • Price: $69,900,000
    • Status: Active
    • ID#: SR20121531
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.4
    Acres
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    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+GGs 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+GGs sale as condominiums. No affordable housing or union labor requirements. Unit Breakdown: Studio +GG 11 units; 1-bedroom +GG 110 units; 2-bedroom +GG 320 units; 3-bedroom +GG 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 will consider a JV with qualified general contractor. Partner must bring minimum of $30M as capital contribution to the partnership.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Urban Country Us Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lac2

    Listing provided courtesy of Rommy Shy of Rommy Shy


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-22T00:28:43.55. 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 deemed reliable but is not guaranteed accurate by the MLS or My Home Group. Licensed in the State of California, USA.

     
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