Listing photo for 601 S Main Street, Los Angeles (City), CA
Listing photo for 601 S Main Street, Los Angeles (City), CA
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601 S Main Street,

Los Angeles (City), CA

$60,000,000

2 Beds
2 Baths
25,592 Sqft
0.59 Acres

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.

Facts & Features
MLS® # SR18248878
Price $60,000,000
Bedrooms 2
Bathrooms 2.00
Square Footage 25,592
Acres 0.59
Year Built 1981
Type Residential Income
Status Active
Community Information
Address 601 S Main Street
Area Downtown L.A. (C42)
City Los Angeles (City)
County Los Angeles
State CA
Zip Code 90014
Amenities
Parking Spaces 858
Is Waterfront No
Has Pool Yes
Interior
Fireplace No
Exterior
Lot Description 0-1 Unit/Acre
Additional Information
Date Listed October 12th, 2018
Days on Market 340
Zoning LAC2
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Rommy Shy(01874848)
Office Rommy Shy

Based on information from California Regional Multiple Listing Service, Inc. as of September 19th, 2019 at 3:09am CDT. 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.

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