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    916 S Hill Street

    Los Angeles (City), CA 90015
    • $27,000,000
    • STATUS: Active
    • ON SITE: 363 days
    • ID#: SR19231152
    UPDATED: 57 min ago
    $27,000,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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 Joe+GGs Parking, 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 APN: 5139003012, 5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2:1.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T23:26:46.087. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/99450882
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    916 S Hill Street Los Angeles (City), CA 90015

    • Price: $27,000,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: SR19231152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    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 Joe+GGs Parking, 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 APN: 5139003012, 5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2:1.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Urban Country Us Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lar5

    Listing provided courtesy of Rommy Shy of Rommy Shy


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T23:26:46.087. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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