920 S Hill Street

    Los Angeles (City), CA 90015
    • $35,000,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: SR19231196
    UPDATED: 73 min ago
    $35,000,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,935
      SQFT
    • $1,526
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    INCREDIBLE DEVELOPMENT OPPORTUNITY!The Hill Street Lofts project is located on South Hill Street between 9th St. and Olympic Blvd. in the trendy South Park district of Downtown Los Angeles. Currently leased to Joe?s Parking on a month-to-month lease, the site is fully entitled for the ground-up construction of a 340 ft. high-rise mixed use project consisting of 239 condominiums and 5,405 sq. ft. of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. ft. balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Project is FULLY ENTITLED and building permit is ready to issue/shovel ready. All plans have been approved. This parcel is situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the Staples Center/LA Live, Grand Central Market, Whole Foods, Disney Hall, The Bloc. 7th & Fig and the best shopping, dining and nightlife DTLA has to offer. This project is 100% exempt from union labor and affordable housing requirements adding tremendous value to ROI. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units APNs: 5139

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-11-11T15:46:53.407. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.goldenpalmproperties.com/homes/99440597

    920 S Hill Street Los Angeles (City), CA 90015

    • Price: $35,000,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: SR19231196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    22,935
    SQFT
    $1,526
    $/SQFT
    2019
    Built
    Neighborhood:
    Downtown L.A. (C42)
    County:
    Los Angeles
    Area:
    Downtown L.A. (C42)
    Property Description
    INCREDIBLE DEVELOPMENT OPPORTUNITY!The Hill Street Lofts project is located on South Hill Street between 9th St. and Olympic Blvd. in the trendy South Park district of Downtown Los Angeles. Currently leased to Joe?s Parking on a month-to-month lease, the site is fully entitled for the ground-up construction of a 340 ft. high-rise mixed use project consisting of 239 condominiums and 5,405 sq. ft. of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. ft. balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Project is FULLY ENTITLED and building permit is ready to issue/shovel ready. All plans have been approved. This parcel is situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the Staples Center/LA Live, Grand Central Market, Whole Foods, Disney Hall, The Bloc. 7th & Fig and the best shopping, dining and nightlife DTLA has to offer. This project is 100% exempt from union labor and affordable housing requirements adding tremendous value to ROI. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units APNs: 5139
    Exterior Features

    Common Walls Detached/No Common Walls Garage Spaces Total 329.0 Open Other Spaces Total 329 Pool Descriptions Private Pool

    Interior Features

    Laundry Locations Inside Unit Number Of Bath01 0.0 Unit Number Of Bed01 0

    Property Features

    Country United States Of America Expense Electric 0.00 Expense Gas 0.00 Expense Insurance 0.00 Expense Operating 0.00 Expense Tax 0.00 Expense Total Annual 0.00 Expense Trash 0.00 Expense Water 0.00 Gross Scheduled Income 0.00 Hoa YN N Listing Terms Conventional Lot Size Source Public Records Monthly Gross Income 0.00 Net Operating Income 0.00 Number Electric Meters 239 Number Gas Meters 239 Number Of Buildings 1 Number Water Meters 239 Professional Management 0.0 Sewer Public Sewer Special Conditions Standard Sale Unit Monthly Rent01 0.00 Unit Projected Total Monthly Rent01 0.00 Unit Total Monthly Rent01 0.00 Unit Type01 239 Units Total In Complex 239 Water Water DistrictPublic Zoning Lar5

    Listing provided courtesy of Rommy Shy DRE#01874848 of Rommy Shy.


    Based on information from CARETS as of 2019-11-11T15:46:53.407. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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