Los Angeles, CA 90013,312 W 5th ST #705
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Los Angeles, CA 90013,312 W 5th ST #705
Los Angeles, CA 90013,312 W 5th ST #705
Los Angeles, CA 90013,312 W 5th ST #705
Los Angeles, CA 90013,312 W 5th ST #705
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$ 430,000
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312 W 5th ST #705 Los Angeles, CA 90013

1 Bed

1 Bath

670 SqFt


UPDATED:

12/19/2024 08:50 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 670 sqft

Price per Sqft $641

MLS Listing ID P1-19864

Bedrooms 1

Full Baths 1

Condo Fees $329

HOA Fees $329/mo

HOA Y/N Yes

Year Built 1923

Lot Size 0.627 Acres

Property Description

Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Interior Features Loft

Heating Central

Cooling Central Air

Fireplaces Type None

Inclusions Appliances included. Furnishings are negotiable

Fireplace No

Appliance Dishwasher, Electric Range, Free-Standing Range, Microwave, Refrigerator

Laundry Stacked

Exterior

Parking Features None

Fence None

Pool Above Ground, Roof Top, Association

Community Features Park, Urban

Amenities Available Picnic Area, Pool, Pet Restrictions, Pets Allowed, Recreation Room

View Y/N Yes

View City Lights, Park/Greenbelt

Porch None

Private Pool Yes

Building

Lot Description Sprinklers None

Dwelling Type Multi Family

Story 11

Entry Level One

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

HOA Name SB Grand

Senior Community No

Tax ID 5149002067

Acceptable Financing Cash, Cash to New Loan, VA Loan

Listing Terms Cash, Cash to New Loan, VA Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Adam Bray-Ali • Coldwell Banker Realty

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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312 W 5th ST #705