Land – 601 South Main Street, Los Angeles, CA 90014, US -001-11-30T00:00:00-08:00
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 i
601 South Main Street, Los Angeles, CA 90014, US
$69,900,000 USD
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Address601 South Main Street, Los Angeles
Price$69,900,000
Year Built2020
Bedrooms Total0
Lot Size (Sq.Ft.)60,819
Listing IDSR20121531
StatusActive
Parcel Number5144001010
ZoningLAC2
Special ConditionsStandard
Days on Market122

Detailed Description: 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 and the LA Fashion District are all within 1-mile radius. Seller will consider a JV with qualified general contractor. Partner must bring minimum of $30M as capital contribution to the partnership.

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Address Information
Address601 South Main Street, Los Angeles
Street PrefixSouth
Street SuffixStreet
CityLos Angeles
Location (MLS Area)C42 – Downtown L.A.
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90014
Postal Code Plus42003
CountryUS
Financial Information
Price per Square Foot$1,000.00
Price per Lot Square Foot$1,149.31
Special ConditionsStandard
Tax Year2000
Tax Lot5
Full Descriptions
Parcel Number5144001010
Detailed Description601-625 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 and the LA Fashion District are all within 1-mile radius. Seller will consider a JV with qualified general contractor. Partner must bring minimum of $30M as capital contribution to the partnership.
Lot FeaturesCorner Lot
Community FeaturesUrban
Water SourcePublic
View DescriptionCity Lights
Property parameters
Year Built2020
Lot Size (Sq.Ft.)60,819
Lot Size (Acres)1.396
Lot Size SourceAssessor
ZoningLAC2
Water SourcePublic
Listed withRommy Shy (Rommy Shy)