312 West 5th Street, Unit 705
$430,000
1
1
670
670
$642
Open: 12/21 12:00PM - 02:00PM
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...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.
- Listed by Adam Bray-Ali • DRE #01859026 • Coldwell Banker Realty
Property Details for 312 West 5th Street, Unit 705
Garage Spaces
.00
ViewCity Lights, Park/Greenbelt
Open Houses
Saturday, Dec 21st
12:00 PM - 2:00 PM
LISTING UPDATED: 12/19/2024 12:44 PM
Property Details for 312 West 5th Street, Unit 705
Status | Active |
---|---|
MLS # | P1-19864 |
Days on Market | 44 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1923 |
County | Los Angeles County |
Building
Building Information for 312 West 5th Street, Unit 705
Property Information for 312 West 5th Street, Unit 705
Property History for 312 West 5th Street, Unit 705
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 312 West 5th Street, Unit 705
Taxable ValueLand$177,500Additions$266,249Total$443,749
Tax Record2024$5,712 ($476 / month)
Home Facts
Beds1Total Finished SqFt670 SqFtAbove Grade Finished SqFt670 SqFtLot Size27,285 SqFtStyleCondominiumYear Built1923ZoningLAC5CountyLOS ANGELESAPN5149-002-067
Schools near 312 West 5th Street, Unit 705
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ninth Street School PublicK to 5 | ||
John H. Liechty Middle School Public6 to 8 | ||
Miguel Contreras Learning Complex School Public9 to 12 | ||
Academic Leadership Community School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.