957 S Broadway

    Los Angeles (City), CA 90015
    • $25,000,000
    • STATUS: Active
    • ON SITE: 529 days
    • ID#: SR17124464
    UPDATED: 27 min ago
    $25,000,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 184,705
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:

    School Ratings & Info

    Description

    The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway & Olympic Boulevard in the hip Historic Core, 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., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature:- Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces- 50 sq. ft. balconies on most units in the complex- 4,920 sq. ft. of street level retail space- Neighborhood destinations are: The Ace Hotel @ 929 S. BroadwayUnited Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. BroadwayZinque Restaurant @ 939 S. Broadway (opening early 2018)Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District all within 1 mile radius.Unit Breakdown:1 Bedroom: 119 units2 bedroom: 44 unitsPlanning Data:APN:5139003007, 5139003008, 5139003009Zoning: [Q] C2-4D-CDOInterest Offered: Fee SimpleFloor Area Ratio: 8.9 : 1 (184,705 sq.

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    Based on information from CARETS as of 2018-11-15T09:44:26.157. 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/73248523

    957 S Broadway Los Angeles (City), CA 90015

    • Price: $25,000,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: SR17124464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    184,705
    SQFT
    $135
    $/SQFT
    2017
    Built
    Neighborhood:
    Downtown L.A. (C42)
    County:
    Los Angeles
    Area:
    Downtown L.A. (C42)
    Property Description
    The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway & Olympic Boulevard in the hip Historic Core, 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., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature:- Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces- 50 sq. ft. balconies on most units in the complex- 4,920 sq. ft. of street level retail space- Neighborhood destinations are: The Ace Hotel @ 929 S. BroadwayUnited Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. BroadwayZinque Restaurant @ 939 S. Broadway (opening early 2018)Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District all within 1 mile radius.Unit Breakdown:1 Bedroom: 119 units2 bedroom: 44 unitsPlanning Data:APN:5139003007, 5139003008, 5139003009Zoning: [Q] C2-4D-CDOInterest Offered: Fee SimpleFloor Area Ratio: 8.9 : 1 (184,705 sq.
    Exterior Features

    Common Walls Detached/No Common Walls Garage Spaces Total 221.0 Open Other Spaces Total 221 Pool Descriptions Private PoolLap Pool

    Interior Features

    Appliances DryerWasher Unit Number Of Bath01 1.0 Unit Number Of Bath02 2.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2

    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 606709.00 Hoa YN N Listing Terms CashCash To Existing LoanCash To New LoanConventionalSubmit Lot Size Source Public Records Monthly Gross Income 606709.00 Net Operating Income 606709.00 Number Electric Meters 0 Number Gas Meters 0 Number Of Buildings 1 Number Water Meters 0 Professional Management 0.0 Special Conditions Standard Sale Unit Monthly Rent01 0.00 Unit Monthly Rent02 0.00 Unit Projected Total Monthly Rent01 3100.00 Unit Projected Total Monthly Rent02 3900.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 0.00 Unit Type01 119 Unit Type02 44 Units Total In Complex 163 Water Water DistrictPublic Zoning Lac2

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


    Based on information from CARETS as of 2018-11-15T09:44:26.157. 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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