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  • 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.

    KEY DETAILS
    • Price:
    • $60,000,000
    • Bedrooms:
    • 2
    • Full Baths:
    • 0
    • Square Footage:
    • 25,592
    • Acreage:
    • 0.59
    • Year Built:
    • 1981
    • MLS #:
    • SR18248878
    • Street Address:
    • 601 South Main Street
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90014
    • County:
    • Los Angeles
    • Area:
    • Downtown L.A.
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 452
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 25592
    • Unit1 Bedrooms:
    • 2
    • Year Built:
    • 1981

    Land

    • Approximate Lot Size Range Source:
    • Public Records
    • Conforms To Zoning:
    • Lac2
    • Lot Square Footage:
    • 25592

    Listing

    • Days On Market:
    • 221

    Money

    • Price Per Square Foot:
    • 2344.48

    Structures

    • Garage Capacity:
    • 858.0
    • Pool:
    • Yes
    • Pool Description:
    • Private Pool

    Systems

    • Existing Water:
    • Water District, Public
    • Sewage Type:
    • Public Sewer

    Source

    • Listing Provided By Rommy Shy of Rommy Shy (DRE#: 01874848)

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    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

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