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312 W 5th Street 626, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

312 W 5th Street 626, Los Angeles, California 90013 home-pic-0
ACTIVE$365,000
312 W 5th Street 626, Los Angeles, California 90013
1Bed
1Bath
520Sqft
27,293Lot
Year Built
1923
Close
-
List price
$365K
Original List price
$385K
Price/Sqft
$702
HOA
$293
Days on market
-
Sold On
-
MLS number
AR25160197
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(27th), sqft - 520(14th), beds - 1(50th), baths - 1(50th).

Welcome to the SB Grand Lofts at 312 West 5th St., #626, Los Angeles, CA! Nestled within the vibrant heart of Downtown LA’s Historic Core, this stunning loft-style condo offers a unique blend of historic charm and modern amenities. Originally built in 1923 by renowned architects Curlett & Bellman in the Beaux Arts style, this 12-story building was once a busting department store before its conversion into luxurious lofts in 2004. This unit presents a sleek and contemporary living space boasting 12-foot-high concrete ceilings & track lighting that creates an inviting ambiance. Large, oversized windows showcase breathtaking views of Pershing Square and the Downtown LA skyline flooding the space with natural light throughout the day. The galley kitchen features granite countertops, stainless steel appliances, & ample cabinet space. Laminate & hardwood floors add warmth & character to the interior. Additionally, the unit includes washer/dryer hookups for added convenience. Residents of the SB Grand Lofts enjoy access to a wealth of amenities including a rooftop pool, spa, & lounge offering 360-degree panoramic views of the bustling cityscape. For added peace of mind, the building provides 24/7 security guard services, front desk concierge, dry cleaning service, & a fitness room. Valet or self-parking options are available onsite for an additional monthly fee, ensuring hassle-free transportation. One of the standout features of this property is its flexibility – there are no pet restrictions, & Airbnb or short-term rentals are permitted, making it an ideal investment opportunity. Conveniently located at the corner of 5th and Broadway, residents are within a short distance from 5th St. Sunday Farmer’s Market, popular dining destinations such as Perch and Restaurant Row, as well as cultural landmarks like Grand Central Market and The Bloc. The proximity to Crypto Arena/LA Live ensures easy access to entertainment options. Don’t miss out on the chance to experience the best of Downtown LA living in this iconic building.

Price History

Date
Event
Price
11/15/25
Price Change
$365,000-5.2%
07/16/25
Listing
$385,000
10/07/22
Sold
$360,000
05/18/17
Sold
$390,000
07/02/07
Sold
$309,000
03/17/06
Sold
$390,000
Condition Rating
Fair
The building was originally constructed in 1923 and extensively converted into lofts in 2004. While the unit is clean and well-maintained, the kitchen features light wood cabinets, granite countertops, and black appliances, which, along with the standard tiled bathroom, reflect the style of the 2004 renovation. These elements are functional but show signs of being outdated by current design trends, aligning with the 'Fair' category's criteria for properties renovated 15-30 years ago where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Prime Downtown LA Location: Nestled in the vibrant Historic Core, the property offers unparalleled access to popular dining, cultural landmarks like Grand Central Market, and entertainment venues such as Crypto Arena/LA Live, enhancing its desirability and convenience.
Exceptional Building Amenities: Residents benefit from a luxurious rooftop pool, spa, and lounge with 360-degree panoramic city views, alongside 24/7 security, front desk concierge, dry cleaning service, and a fitness room, providing a high-quality urban living experience.
Strong Investment Potential: The building's flexible policies, including no pet restrictions and permission for Airbnb/short-term rentals, make this unit an attractive and versatile investment opportunity for generating rental income.
Historic Charm with Modern Loft Design: Originally a 1923 Beaux Arts department store, the unit retains historic character with 12-foot concrete ceilings and track lighting, seamlessly blended with modern loft aesthetics and finishes.
City Views & Abundant Natural Light: Large, oversized windows provide breathtaking views of Pershing Square and the Downtown LA skyline, ensuring the living space is flooded with natural light throughout the day.

Cons

Additional Parking Costs: Valet or self-parking is available only for an additional monthly fee, which represents an ongoing expense not included in the purchase price or association fees, a common consideration in urban areas.
Compact Living Space: With 520 square feet, the unit offers a relatively compact living area, which may be a limiting factor for buyers seeking more spacious accommodations or those with larger furniture.
Potential for Urban Noise: Its location in the bustling heart of Downtown LA, coupled with large windows, suggests a potential for significant street noise, which might impact residents seeking a quieter environment.

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