312 W 5th Street 1109, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

312 W 5th Street 1109, Los Angeles, California 90013 home-pic-0
ACTIVE$365,000
312 W 5th Street 1109, Los Angeles, California 90013
1Bed
1Bath
650Sqft
27,293Lot
Year Built
1923
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$562
HOA
$312.99
Days on market
-
Sold On
-
MLS number
DW25080326
Home ConditionGood
Features
Excellent View:
Pool
Spa
View

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(27th), sqft - 650(14th), beds - 1(50th), baths - 1(50th).

Live above it all in Unit 1109 at the iconic SB Grand Lofts—an 11th-floor urban retreat with direct stair access to the rooftop pool and spa. This stylish, open-concept 1-bedroom loft blends historic charm with modern updates, offering high ceilings, oversized windows, and laminate floors throughout. The flexible layout features a spacious living/sleeping area with abundant natural light, a well-equipped kitchen with granite countertops and stainless steel appliances, and an oversized bath with a deep soaking tub and sleek mahogany vanity. In-unit washer/dryer and a private balcony overlooking DTLA complete the package. Set in a Beaux-Arts building designed in 1923 and reimagined as lofts in 2004, the SB Grand offers 24/7 security, a rooftop oasis with panoramic city views, a gym, and valet/self-parking options. Located steps from Pershing Square Metro Station, Grand Central Market, and Restaurant Row, it’s perfect for professionals working remotely or commuting downtown. With no pet restrictions and Airbnb/short-term rental approval, this loft offers incredible lifestyle flexibility and investment potential—just in time for LA’s rising global spotlight with the World Cup and Olympics on the horizon.

Price History

Date
Event
Price
09/04/25
Listing
$365,000
12/10/14
Sold
$310,000
10/27/09
Sold
$158,000
06/26/07
Sold
$465,000
Condition Rating
Good

This loft, extensively renovated in 2004, presents as move-in ready with no immediate renovations required. The kitchen features functional stainless steel appliances and granite countertops, while the bathroom is clean with a deep soaking tub and a well-maintained mahogany vanity. Although the renovation was 20 years ago, placing it at the upper end of the 'Good' category's timeframe, the property shows minimal wear and tear, and all major systems appear functional and well-maintained, consistent with a 'Good' condition rating.
Pros & Cons

Pros

Prime Downtown Location: Unbeatable location steps from Pershing Square Metro, Grand Central Market, and Restaurant Row, offering exceptional walkability and urban convenience.
Robust Building Amenities: Features 24/7 security, a rooftop pool and spa with panoramic city views, a gym, and convenient valet/self-parking options, including direct stair access to the rooftop.
High Investment & Lifestyle Flexibility: Approved for short-term rentals (Airbnb) and pet-friendly, providing significant income potential and adaptable living options, especially with upcoming major events in LA.
Modern Loft with Historic Appeal: Blends iconic Beaux-Arts architecture with contemporary open-concept living, high ceilings, oversized windows, a well-equipped kitchen with granite/stainless steel, and an updated oversized bath.
Private Balcony & Natural Light: Includes a private balcony overlooking DTLA and oversized windows ensuring abundant natural light throughout the unit.

Cons

Compact Living Space: At 650 sqft, the unit offers relatively limited square footage, which may not suit all buyer preferences for space or long-term living.
Monthly Association Fees: The monthly association fee of $312.99 adds to the ongoing cost of ownership, which should be factored into the budget.
Historical Price Volatility: The property's sales history indicates significant price fluctuations, with the current list price below its 2007 peak, suggesting potential market sensitivity or past overvaluation.

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