Address
953 S Broadway Los Angeles, CA
Price
$ 20,900,000
Property Attributes
  • MLS#SR20041827
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90015
  • Style
  • Price$ 20,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7946
  • Lot Size7,945 SqFt
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy
Property Description

INCREDIBLE DEVELOPMENT OPPORTUNITY! 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, spa 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

Price History
2/26/2020 Listed $20,900,000

General Features

Attached Structure Detached
Community Features Urban
Directions On the corner of Broadway and Olympic Blvd.
Garage Spaces 163.00
Listagentaor Southland
Listing Agent Rommy Shy - BRE#01874848
Listing Agent State License 01874848
MLS Area C42 - Downtown L.A.
Pool Features Private, Roof Top
Price Per Square Foot 2630.25
Private Pool Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 163
Zoning LAC2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Inside
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 7946.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.1824
Lot Size Area 7946.0000
Lot Size Source Assessor
Lot Size Square Feet 7946.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 163
Number of Separate Gas Meters 163
Number of Separate Water Meters 163
Total Parking 163.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90015

Price
AVG $2.92M
$20.9M
Visits
AVG 53
37
Year Built
AVG 1913
1941
Walkscore
AVG 89
96
Data Provided by Walkscore ® not using MLS data

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