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957 S Broadway

Los Angeles, CA 90015

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$25,000,000

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JB Real Estate & Investment Inc.
Real Estate Group
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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:

- read more 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. Broadway
United Artists / The Theatre at Ace Hotel @ 933 S. Broadway
Umami Burger Broadway @ 852 S. Broadway
Orpheum Theatre @ 842 S. Broadway
Zinque 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 units
2 bedroom: 44 units



Planning Data:

APN:
5139003007, 5139003008, 5139003009

Zoning:
[Q] C2-4D-CDO

Interest Offered:
Fee Simple

Floor Area Ratio:
8.9 : 1 (184,705 sq. ft.)

Maximum Floor Area Ratio:
13 : 1 (268,619 sq. ft.)

Key Details

Property Info

  • Cost: $25,000,000
  • Property Sub-Type: Residential Income
  • Built In: 2017
  • MLS #: SR17124464

Location

957 S Broadway Los Angeles, CA 90015
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Major Area

Downtown LA

Downtown Los Angeles is the central business district of Los Angeles, California, as well as a diverse residential neighborhood of some 58,000 people. A 2013 study found that the district is home to over 500,000 jobs.

Agent

JB Real Estate & Investment Inc.
Real Estate Group
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Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance.
$1,299
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Listing Providers

This listing is courtesy of the listing agent Rommy Shy (#01874848), with the office Rommy Shy.

Copyright 2019 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on Jun 29th, 2019.

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JB Real Estate & Investment Inc.
Real Estate Group
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