312 W 5th Street 519, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

312 W 5th Street 519, Los Angeles, California 90013 home-pic-0
ACTIVE UNDER CONTRACT$354,900
312 W 5th Street 519, Los Angeles, California 90013
1Bed
1Bath
650Sqft
27,293Lot
Year Built
1923
Close
-
List price
$355K
Original List price
$385K
Price/Sqft
$546
HOA
$298.22
Days on market
-
Sold On
-
MLS number
BB25193452
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $354.9K(18th), sqft - 650(14th), beds - 1(50th), baths - 1(50th).

Welcome to 312 W 5th St #519, Los Angeles, CA 90013 – a prime opportunity to own in the heart of Downtown LA! This stylish 1-bedroom, 1-bathroom loft-style condo offers approximately 650 sqft of comfortable living space with an open floor plan, high ceilings, and abundant natural light that creates an airy, urban feel. Enjoy year-round comfort with central heating, and take in stunning city views from the building’s rooftop pool, perfect for relaxation or entertaining. The unit includes one dedicated garage parking space, a rare convenience in this highly sought-after area. Centrally located, you’ll be just steps away from schools, trendy shops, entertainment, and 5-star restaurants, making this property ideal for both owner-occupants and investors looking to take advantage of LA’s vibrant lifestyle. Don’t miss this chance to secure a home in one of the city’s most desirable urban communities—opportunities like this move quickly. Schedule a showing today and make this modern downtown retreat yours!

Price History

Date
Event
Price
10/29/25
Price Change
$354,900-3.0%
10/01/25
Price Change
$365,900-5.0%
08/27/25
Listing
$385,000
04/29/22
Sold
$425,000
01/09/07
Sold
$385,000
Condition Rating
Excellent

Despite the building's age (1923), this loft-style condo has undergone a very recent and extensive renovation. The kitchen features modern white shaker cabinets, stainless steel appliances, and light countertops, all appearing new. The bathroom boasts a contemporary floating vanity, black fixtures, and stylish marble-look tiling, along with a modern stacked washer/dryer. The flooring throughout is a sleek, dark, possibly polished concrete or epoxy, and the overall aesthetic is clean, modern, and in pristine condition, indicating all components are new or virtually new.
Pros & Cons

Pros

Prime Downtown LA Location: Centrally located in the heart of Downtown LA, offering immediate access to schools, trendy shops, entertainment, and 5-star restaurants, ideal for a vibrant urban lifestyle.
Dedicated Garage Parking: Includes one dedicated garage parking space, a rare and highly valuable convenience in a dense urban environment like Downtown Los Angeles.
Desirable Loft-Style Living: Features an open floor plan, high ceilings, and abundant natural light, creating a stylish and airy urban loft aesthetic.
Building Amenities & City Views: Residents can enjoy year-round comfort with central heating and access to a rooftop pool offering stunning city views, perfect for relaxation and entertaining.
Strong Investment Potential: Positioned as an ideal opportunity for both owner-occupants and investors looking to capitalize on the dynamic and sought-after Downtown LA real estate market.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' indicating limited immediate availability for new prospective buyers and potentially requiring a backup offer.
Monthly Association Fees: A monthly association fee of $298.22 adds a recurring cost to ownership, which should be factored into the overall affordability for buyers.
Recent Price Reductions: Multiple price drops from the original listing price may suggest initial overpricing or market resistance, potentially impacting perceived value or indicating seller urgency.

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