916 S HILL STREET, LOS ANGELES CA 90015

  • 22,935 sq.ft. lot
offered at $27,000,000
MLS#:SR19231152
Status: Active // Property Type:
County: Los Angeles

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’s 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.

Listing Courtesy of Rommy Shy, Rommy Shy

Exterior Features

Exterior Features: Urban
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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