$20,900,000
0.47 Acre Lot
20,663 Sqft Lot
Status Active
Property Type Land
Price Type
Days on Website 317

Property Map

$20,900,000 – 955 S Broadway, Los Angeles, CA 90015

Street View

Courtesy of Rommy Shy, Rommy Shy.

Description

ALL PLANS APPROVED AND PERMIT READY TO ISSUE The Broadway is a FULLY ENTITLED high-rise mixed use development situated on the northwest corner of Broadway & Olympic Boulevard in hip South Park , one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. ft. lot is fully entitled for the construction of a 166 ft., 184,000 sq. ft., 15 story residential condominium building offering 163 condominium units and a rooftop poo, spal and gym. Approved project plans feature: – Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces. Plans call for 50 sq. ft. balconies on most units in the complex and 4,920 sq. ft. of street level retail space. Neighborhood destinations are The Ace Hotel @ 929 S. Broadway, United Artists / The Theatre at Ace Hotel @ 933 S. Broadway, Umami Burger Broadway @ 852 S. Broadway, Orpheum Theatre @ 842 S. Broadway and Zinque Restaurant @ 939 S. Broadway. 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. Unit Breakdown: 1 Bedroom: 119 units, 2 bedroom: 44 units. APN: 5139003007, 5139003008, 5139003009 Zoning: [Q] C2-4D-CDO. 9.2 FAR allowed. Anticipated sales prices of around $950/ft. for the residential units

Property Details and Features

Community

  • Urban

Water

  • Water source: Public

Listing

  • 1011.47 per sqft
  • 235 days on market

Location

  • MLS area: C42 – Downtown L.A.
  • County: Los Angeles

Lot

  • 0-1 Unit/Acre
  • 0.4744 acres
  • 20,663 sqft

Property

  • City Lights
  • Zoning: LAC2

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