Property Attributes
- MLS#SR18248878
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90014
- Style
- Price$ 60,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25592
- Lot Size0.59 Acres
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy.
Property 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.
| Price History | |
|---|---|
| 10/12/2018 | Listed $60,000,000 |
General Features
| Attached Structure | Detached |
| Community Features | Urban |
| Directions | On the Southwest corner of Main and 6th |
| HOA Fee | 0.00 |
| Listagentaor | Southland |
| Listing Agent | Rommy Shy - BRE#01874848 |
| Listing Agent State License | 01874848 |
| MLS Area | C42 - Downtown L.A. |
| Price Per Square Foot | 2344.48 |
| Source System | CRMLS |
| Total Units | 452 |
| Zoning | LAC2 |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Common Walls | No Common Walls |
| Laundry Features | Common Area |
| Laundry Y/N | Yes |
| Studio Area Unit Type | Square Feet |
Exterior Features
| Special Listing Conditions | Standard |
| Building Area Total | 25592.00 |
| Garage Spaces | 858.00 |
| Lot Features | 0-1 Unit/Acre |
| Lot Size Acres | 0.5875 |
| Lot Size Area | 25592.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 25592.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 452 |
| Number of Separate Gas Meters | 452 |
| Number of Separate Water Meters | 1 |
| Pool Features | Private |
| Private Pool Y/N | Yes |
| Sewer | Public Sewer |
| Total Parking | 858.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of August 25, 2019 5:35 AM. 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.
