312 W 5th Street 221, Los Angeles, CA 90013

$300,000 Asking Price

1 bath
610  sqft
Built in 1923

Lowest priced loft in Downtown and rental uses are allowed! Approved for VA funding (per VA website on 8/6/2024). Start your investment or homeownership journey at the SB Grand in the heart of Downtown Los Angeles. Located next to the Pershing Square Metro station and blocks away from incredible amenities, this 2nd floor loft enjoys a rare private patio, high ceilings and move-in ready condition. Property records show 1 bedroom but this is a studio type loft. The HOA fees($280/month) are among the lowest in Downtown Los Angeles and the building offers amenities including a rooftop deck and pool, gymnasium, 24 hour security at the front desk and utilities including water, water heating and services. Airbnb/Short term rentals are allowed by HOA. Proximate to USC main campus and the new UCLA Downtown campus on Spring Street.Parking available in the building for a monthly fee.

Features & Amenities

Interior

General:
Tile Counters,Trash Chute,Unfurnished
Laundry:
Washer Hookup
Flooring:
Linoleum/Vinyl,Tile
A/C:
Electric
Heating:
Combination Heating, Electric
Fireplace:
N/K

Exterior

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

Construction

General:
1 Story

Location

HOA Amenities:
280.0, Monthly
County:
Los Angeles

Lot

Zoning:
5149033048
View:
N/K
Fencing:
Wrought Iron
Restrictions:
CC&R's

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Not Available,Sewer Connected,Water Connected
Water:
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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