312 W 5th Street 1022, Los Angeles, CA 90013

$399,000 Asking Price

1 bed
1 bath
670  sqft
Built in 1923

Welcome to 312 W 5th St #1022, situated on the 10th floor, just beneath the penthouse level, offering breathtaking, unobstructed views of the iconic Downtown LA skyline. This extensively renovated one-bedroom, one-bathroom residence seamlessly blends contemporary design with spacious urban living. The impressive 12-foot concrete ceilings enhance the open and airy floor plan, while an abundance of natural light pours in through the oversized casement windows. The unit boasts a modern aesthetic with stained concrete floors, stainless steel appliances, and the convenience of an in-unit washer and dryer. Residents will enjoy a range of premium amenities, including a rooftop pool and hot tub with stunning panoramic city views, a fully equipped fitness center, and 24-hour security for peace of mind. Perfect for those who embrace the live/work urban lifestyle, the Metro is just a short 3-minute walk away, providing seamless access to destinations such as Santa Monica Beach, Hollywood, Universal Studios, LAX, and soon, Midtown and Beverly Hills. The Broadway corridor is experiencing a renaissance, with new shops, fantastic dining options, and much more. Located within walking distance from UCLAs Downtown Campus, Bunker Hill, Grand Central Market, Crypto.com Arena, LA Live, and the Arts District, this location is ideal for students, young professionals, or investors looking to secure a prime property. The buildings rare AIRBNB-FRIENDLY policy adds significant value, making it an excellent investment choice. With its exceptional location, flexible rental options, and some of the lowe

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Tile
A/C:
Central Forced Air
Heating:
N/K
Fireplace:
N/K

Exterior

Style:
Traditional
Pool:
Private,Association,Fenced
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
317.0, Monthly
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAC5, 5149002162
View:
City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
1Vision Real Estate, Diego Magdaleno

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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