FOR SALE
$ 60,000,000 Est. Payment

601 S Main Street

Los Angeles, CA 90014
Cluster
Residence
25,592
Sq. Ft.
0.59
Acre Lot
1of
Map
Photos
Courtesy: Rommy Shy - Rommy Shy
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.
SR18248878
Cluster, Other
Los Angeles
1981
0.59 Acres
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
6,659
3,971,883
10,170,292
321,418,820
23,530
8,241
2,458
89
1.3
2.8
3
2.6
43.2
34.6
35.3
37.4
$17,134
$49,682
$55,870
$53,482
$32,965
$28,320
$27,987
$28,555
 
Economy
Zip
City
County
National
5.50 %
5.50 %
5.20 %
5.20 %
1.40 %
1.40 %
1.40 %
1.60 %
37.30 %
37.30 %
37.60 %
38.00 %
9.00 %
9.00 %
9.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
140
166
156
100
 
Environment
Zip
City
County
National
331
916
2245
1443
16.4
16.7
16.9
39.2
0
0
0.3
25.8
47.8
46.4
45.5
22.6
83.1
83.7
84.3
86.1
27
26
32
102
292
284
283
205
84
87
86
54
Source: Sperling's Best Places
Courtesy: Rommy Shy - Rommy Shy
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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