601 Main St, Los Angeles, CA, 90014

601 Main St, Los Angeles, CA, 90014 < >
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for sale
$69,900,000
Lot Size:1.40 Acres
Status:Active
MLS #:SR20121531
Date Updated:
For information contact:
CENTURY 21 Masters
909-595-6697
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Go See This Property
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’s 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’s sale as condominiums. No affordable housing or union labor requirements. Unit Breakdown: Studio – 11 units; 1-bedroom – 110 units; 2-bedroom – 320 units; 3-bedroom – 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
Exterior Details
Lot Features: Corner LotLot Size Acres: 1.3962
Lot Size Square Feet: 60819.00View: City Lights

Community Information
County Or Parish: Los AngelesDirections: Southwest corner of 6th and Main St.
MLS Area Major: C42 - Downtown L.A.Senior Community YN: 0
Zoning: LAC2

Property Information From MLS Data
Parcel Number: 5144001010

Financial Information
Association Fee: 0.00

Utilities
Water Source: Public

Listing Information Courtesy of:
List Agent First Name: Rommy
List Agent Last Name: Shy
List Office Name: Rommy Shy

Walk Score® for 601 Main St
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Monthly Payment for 601 Main St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$69,900,000
Down Payment:
Loan Amount:$55,920,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Rommy Shy, Rommy Shy

Information obtained from CACRMLS is current as of 11/27/2020 3:24 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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