312 W 5th Street 519, Los Angeles, CA 90013

$399,000 Asking Price

1 bed
1 bath
650  sqft
Built in 1923

Updated and sleek downtown loft for sale in the heart of LA. Originally built in 1923 and converted to lofts in 2004, the SB Grand is a 12 story building located at the corner of 5th and Broadway in Downtown Los Angeles. Architects Curlett and Bellman designed this Beaux Arts style building as a department store. Loft 519 offers 650 square feet of sleek downtown living in the center of the Historic Core. Some of the features include concrete flooring, high ceilings, large windows to the East bringing abundant light, and an open plan kitchen for hosting friends and family. Exterior facing home with views up and down 5th Street. Historic Fire escape balcony can be accessed for even cooler views. The bedroom area is set behind the kitchen and has a privacy that is uncommon in lofts. The kitchen boasts quartz countertops, tile backsplash, built-in microwave and plenty of storage space. In-unit stackable Bosch laundry and electric appliances included in sale. New HVAC system installed in 2023. Enjoy the sparkling rooftop pool with epic views across LA. 24-hour security guard. Located blocks from The Last Bookstore, Perch, Grand Central Market and the Broadway Theater District. Metro station next door for unparalleled access to the train system. HOA fees in the property are $318/month and include water/trash. No pet restrictions and rentals are permitted in compliance with city rules. VA loans approved, move in ready. Call to schedule an appointment today!

Features & Amenities

Interior

Laundry:
Closet Stacked,Inside
A/C:
Other/Remarks,Electric
Heating:
Forced Air Unit,Other/Remarks, Electric
Fireplace:
N/K

Exterior

General:
Brick,Concrete
Style:
See Remarks
Pool:
Community/Common,Association,Other
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
318.0, Monthly
County:
Los Angeles

Lot

Zoning:
LAC5, 5149002029
View:
City Lights
Fencing:
N/K
Restrictions:
CC&R's

Utilities

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

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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