x
Price Reduction
Address
957 S Broadway Los Angeles, CA
Price
$ 25,000,000
Property Attributes
  • MLS#SR17124464
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90015
  • Style
  • Price$ 25,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage184705
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
Rommy Shy with Rommy Shy.
Property 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: - 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.)

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/3/2017 Listed $50,000,000
7/24/2017 20% - $40,000,000
11/1/2017 43% - $23,000,000
11/10/2017 22% - $18,000,000

General Features

Attached Structure Detached
Community Features Urban
Directions On the corner of Broadway and Olympic Blvd.
Listing Agent Rommy Shy - BRE#01874848
Listing Agent State License 01874848
MLS Area C42 - Downtown L.A.
Price Per Square Foot 135.35
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 Dryer Included, Washer Included
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 184705.00
Garage Spaces 221.00
Lot Features 0-1 Unit/Acre
Lot Size Source Assessor
Lot Size Square Feet 20663.00
Lot Size Units Square Feet
Number of Buildings 1
Pool Features Private, Lap Pool, Roof Top
Private Pool Y/N Yes
Total Parking 221.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • 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 $9.66M
$25M
Visits
AVG 144
984
Year Built
AVG 1948
2017
Walkscore
AVG 92
97

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