RealKey
‪(213) 433-7766‬

312 W 5th Street 323, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 1 bath

312 W 5th Street 323, Los Angeles, California 90013 home-pic-0
ACTIVE$569,000
312 W 5th Street 323, Los Angeles, California 90013
2Beds
1Bath
980Sqft
27,285Lot
Year Built
1923
Close
-
List price
$569K
Original List price
$569K
Price/Sqft
$581
HOA
$332
Days on market
-
Sold On
-
MLS number
SR24196696
Home ConditionGood
Features
Excellent View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $569.0K(50th), sqft - 980(50th), beds - 2(77th), baths - 1(50th).

Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining and nightlife Downtown LA has to offer. The building has 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet parking available onsite for $300/month per space. No pet restrictions and Airbnb allowed in complex.

Condition Rating
Good
This loft unit, while in a building built in 1923, has been extensively renovated to a 'good' standard. The kitchen features solid wood cabinets, stainless steel appliances, and granite countertops, all appearing modern and well-maintained. The bathroom includes an oversized soaking tub and washer/dryer hookups, also in good condition. The industrial aesthetic with high concrete ceilings and stained concrete floors (with carpet in bedrooms) is consistent and well-kept. The property is move-in ready with no immediate renovation required, indicating a renovation likely within the last 5-15 years.
Pros & Cons

Pros

Prime Downtown LA Location: Unparalleled walkability to major attractions like The Bloc, Grand Central Market, Ralphs, Whole Foods, and a vibrant dining and nightlife scene.
Exceptional Building Amenities: The SB Grand offers 24-hr security, concierge, fitness room, rooftop pool, hot tub, and a lounge with panoramic Downtown LA skyline views.
Investor & Lifestyle Flexibility: The complex allows Airbnb and has no pet restrictions, appealing to investors and residents seeking flexible living arrangements.
Unique Urban Industrial Character: Features high, open concrete ceilings and hardwood floors throughout, providing a distinctive and desirable loft aesthetic.
Upgraded Interior & Conveniences: The kitchen boasts solid wood cabinets, stainless steel appliances, and granite counters, while the bathroom includes washer/dryer hookups and an oversized soaking tub.

Cons

High Monthly Parking Fee: Valet parking is available but comes with a significant additional cost of $300/month per space.
Building Age & Potential Maintenance: Built in 1923, the historic building may incur higher long-term maintenance costs or special assessments for common area upkeep.
Limited Private Outdoor Space: As a loft unit, it lacks a private balcony or patio, with outdoor access limited to shared rooftop amenities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state