312 West 5th Street, Unit 705

Los Angeles, CA 90013

$430,000
Price
1
Beds
1
Bath
670 Sq. Ft.
$642 / Sq. Ft.
670
Sq. Ft.
$642
per Sq. Ft.

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.
  1. Listed by Adam Bray-Ali • DRE #01859026 • Coldwell Banker Realty

Property Details for 312 West 5th Street, Unit 705

Garage Spaces
.00
View
City Lights, Park/Greenbelt

Open Houses

Saturday, Dec 21st

12:00 PM - 2:00 PM

Public

LISTING UPDATED: 12/19/2024 12:44 PM

Property Details for 312 West 5th Street, Unit 705

StatusActive
MLS #P1-19864
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1923
CountyLos Angeles County

Building

Shybary Grand

280 Units12 StoriesBuilt in 1923

Building Information for 312 West 5th Street, Unit 705

Building/ComplexShybary GrandFloor1Stories12Residences280Pet Policy-Year Built1923

Property Information for 312 West 5th Street, Unit 705

Summary
Location and General Information
  • Building Area Total: 670.00
  • Community Features: Park, Urban
  • City: Los Angeles
  • Country: US
  • Directions: Located at corner of 5th and Broadway. Entrance on 5th Street. Look for awning over entrance. Parking is available at Pershing Square across the street.
  • Area: C42 - Downtown L.A.
  • Postal Code Plus4: 1748
  • Street Additional Info: 705
  • Unparsed Address: 312 West 5th Street, 705, Los Angeles, CA 90013
Taxes and HOA Information
  • Association Amenities: Pet Rules, Pets Permitted, Picnic Area, Pool, Recreation Room
  • AssociationFeeFrequency: Monthly
  • Association Fee: $329.00
  • Association Name: SB Grand
  • Association Phone: 818-274-2655
  • Tax Other Annual Assessment Amount: $.00
  • Tax Tract: 54120
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers None
  • Lot Size Acres: .63
  • Lot Size Square Feet: 27,293.00
  • Lot Size Area: 27,293.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5149002067
  • Property Type: Residential, Condo
  • Property Sub Type: Condominium
Property and Assessments
  • Common Walls: 2+ Common Walls
  • Documents Count: 0
  • Entry Level: 1
  • Entry Location: Ground floor
  • Exclusions: Personal property. Sellers are willing to negotiate fully furnished sale.
  • New Construction: No
  • Property Attached: Yes
  • Sign On Property: No
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: Roof Top, Above Ground
  • Pool Private: Yes
  • Pool: Yes
  • Spa: Yes
  • Stories Total: 11
  • Structure Type: Multi Family
Interior Features
  • Appliances: Dishwasher, Electric Range, Microwave, Free-Standing Range, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Central
  • Heating: Yes
  • Laundry Features: Stackable
  • Living Area: 670.00
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • View: Yes
  • Levels: One
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard
Agent
Sale and Listing
  • Inclusions: Appliances included. Furnishings are negotiable

Property History for 312 West 5th Street, Unit 705

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

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312 West 5th Street, Unit 705 is a condo for sale in Los Angeles, CA 90013. This property was listed for sale on November 6, 2024 by Coldwell Banker Realty, it's currently listed at $430,000. It has been on the market for a total of 44 days and was last sold on July 15, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Ninth Street School, John H. Liechty Middle School and Miguel Contreras Learning Complex School. 312 West 5th Street, Unit 705 is a 1-bed, 1-bath, 670 sqft condo built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Adam Bray-Ali, DRE #01859026

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.