312 W 5th Street #705

Los Angeles, CA 90013

$ 430,000

Price

1

Beds

1

Baths

670 Sq. Ft.

$642 / Sq. Ft.

60 Days On Market

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Listing provided by agent Adam Bray-Ali BRE# 01859026 at Coldwell Banker Realty.

Last Updated: 1 days ago

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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Property Type Condominium
Lot Size 27,293 sq. ft.
Year Built 1923
MLS # P1-19864
Listing Type Active
Heating Central
Cooling Central Air
Pool Above Ground, Roof Top
Laundry Stackable

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Property Details for: 312 W 5th Street #705

Interior Features

Bathroom Information
  • 1 full bath
Laundry Information
  • Stackable
Heating & Cooling
  • Central Air
  • Central

Parking / Garage, Multi-Unit Information, Location Details

Exterior Features

Pool & Spa Information
  • Above Ground
  • Roof Top

Property / Lot Details

Property Features
  • City Lights
  • Park/Greenbelt
Lot Information
  • Lot Size (Sq. Ft) 27,293
Property Information
  • Attached
  • Tax Parcel Number: 5149002067

Nearby Businesses

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  • Drug Stores
  • Coffee Shops
  • Restaurants
  • Health & Medical
  • Fitness & Activity
  • Arts & Entertainment
  • Nightlife & Bars
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    Tom Bashe

    Broker Associate

    310-356-6068 Contact Tom Bashe
    Listing provided by agent Adam Bray-Ali BRE# 01859026 at Coldwell Banker Realty.

    Last Updated: 1 days ago