312 W 5th Street 705, Los Angeles, CA 90013

$430,000 Asking Price

1 bed
1 bath
670  sqft
Built in 1923

Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years but the owners are ready to move on making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.

Features & Amenities

Interior

Laundry:
Closet Stacked
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
Above Ground,Other
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
329.0, Monthly
County:
Los Angeles

Lot

Zoning:
5149002067
View:
City Lights
Fencing:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer,Sewer Paid

This listing courtesy of:
Coldwell Banker Realty, Adam Bray-Ali

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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