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312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
312 W 5th Street 705
VIEW PHOTOS
$390,000

312 W 5th Street 705

1 Bed 1 Bath 670 Sq.Ft.

Description

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 making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. 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.

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Location

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

Status

For Sale

Property Amenities

Interior
Laundry room Washer Hookup, Electric Dryer Hookup, Stacked
Fireplace None
Appliances Dryer, Washer
Flooring Concrete
Total Bedrooms: 1
Full Bathrooms: 1
Other Interior Features Eat-in Kitchen, Elevator, High Ceilings, All Bedrooms Down
Area & Lot
Lot Area 0.63 Acres
Living area 670 Sq.Ft.
MLS® ID P1-23696
Year Built 1923
View Description City Lights,Park/Greenbelt,Landmark
Architecture Styles See Remarks
Type Condo
Status For Sale
Exterior
Stories 1
Pool Above Ground, Association, Community, Roof Top
Air conditioning Central Air
Heat type Central
Water Source Public
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Parking None
Lot Features Corner Lot, Sprinklers None
Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance
Sales Price $390,000
HOA Fees $319 monthly
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 312 W 5th Street 705, Los Angeles, CA 90013. We are reviewing your request and will be in touch shortly!

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Work With Laurie

I handle all levels of clients looking to buy and sell in Pasadena, San Marino, Altadena, South Pasadena, and the San Gabriel Valley. Whether you are a first-time home buyer, moving up or scaling down I can help you find the home of your dreams or make the sale of your home as simple as possible. Contact me today to discuss all your real estate needs!