601 S Main Street
Los Angeles, CA 90014

Multi 5+
$60,000,000
Active
#SR18248878
X
$60,000,000
Multi 5+
SR18248878
1981
760.758.1211
760.940.0359

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.

Property Details

More Information
Property Type:
Multi 5+
MLS® #:
SR18248878
Year Built:
1981

Interior Information

Garage Spaces:
858

Lot & Exterior Information

Acres:
0.0
Lot Size:
25592.00
Parking Spaces:
858
Pool Description:
Private
Pool On Property:
1
Sewer:
Public Sewer
Water:
Public
Zoning:
LAC2

Area Information

Area:
C42 - Downtown L.A.
City:
Los Angeles
County:
Los Angeles
State:
CA
Street Name:
Main
Street Number:
601
Street Post Dir:
Street
Street Pre Direction:
S
Zip:
90014

Tax & HOA Information

Estimated Taxes:
$0
HOA Fee:
$0

Additional Information

Days On Market ( contiguous ):
0
Contract Date:
2018-10-12T00:00:00.000Z
Foreclosure:
N
Feed Image Trans Date:
2018-10-12T13:20:31.000Z
Last Modified:
2018-10-12T14:54:58.000Z
Latitude:
34.045218
List Date:
2018-10-12T00:00:00.000Z
List Price:
$60,000,000
Listing Agent ID:
F207057343
Listing Office:
Rommy Shy
Listing Office ID:
F0009200
Longitude:
-118.250472
MLS® #:
SR18248878
Number Of Units:
452
Original List Price:
$60000000
Property Type:
Multi 5+
Status:
Active
Sysid:
360217793
Total Number Of Units:
452
Year Built:
1981