x
Address
920 S Hill Street Los Angeles, CA
Price
$ 35,000,000
Property Attributes
  • MLS#SR19231196
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90015
  • Style
  • Price$ 35,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22935
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy.
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: 5139003012, 5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2:1.

Price History
9/30/2019 Listed $35,000,000

General Features

Attached Structure Detached
Community Features Urban
Directions On Hill between 9th and Olympic
Listagentaor Southland
Listing Agent Rommy Shy - BRE#01874848
Listing Agent State License 01874848
MLS Area C42 - Downtown L.A.
Price Per Square Foot 1526.05
Source System CRMLS
Special Listing Conditions Standard
Total Units 239
Zoning LAR5

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 22935.00
Garage Spaces 329.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.5265
Lot Size Area 22935.0000
Lot Size Source Assessor
Lot Size Square Feet 22935.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 239
Number of Separate Gas Meters 239
Number of Separate Water Meters 239
Pool Features Private, Roof Top
Private Pool Y/N Yes
Sewer Public Sewer
Total Parking 329.00
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 $5.07M
$35M
Visits
AVG 15
143
Year Built
AVG 1920
2019
Walkscore
AVG 89
97
Data Provided by Walkscore ® not using MLS data

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