tomo logo

$479,600

Beds
1
Baths
1.0
sq ft
830

312 W 5th St Unit 1003, Los Angeles, CA 90013

312 W 5th St Unit 1003

Los Angeles, CA 90013

  • 117 days on market
    • Price drop $18,400↓
Enjoy a stylish experience at this centrally-located place. This spacious high floor (10th floor) condo in the heart of DTLA's Historic Core has a high ceiling industrial style living room. Upon entry, this condo features views of Pershing Square and the Downtown LA skyline. The kitchen features quartz countertop and stainless-steel appliances. The bathroom offers an oversized soaking tub and stackable washer/dryer. The building provides 24-hr security, front-desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles. Located within walking distance to the Perch, Le Petit Paris, Pez Cantina, Dragon Centro, 71Above, L.A. Café, Little sister, Bottega Louie, Le Grand & etc. Furniture and electronics can be offered for sale.

Details

Property type

Condominium

Est. home value

$456,117

Lot size

0.6266 acres

Price per sq ft

$578

Year built

1923

Monthly HOA fee

$344

Price History

10/13/2024
CRMLS

CRMLS #SR24179964

Price change
$479,600
-3.69%
08/31/2024
CRMLS

CRMLS #SR24179964

Listed
$498,000
+21.46%
05/11/2022
CRMLS

CRMLS #P1-8704

Sold
$410,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

280

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$90,875
Asking price
$479,600
Closing costs (~8% of asking)
-$38,368
Est. remaining loan balance
-$350,357
Cash to seller
$90,875

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

April 2022

Original loan amount

$369,000

Est. remaining balance

$350,357

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Sona Aleksanyan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/25/2024 at 11:15 PM

Listing updated: 12/19/2024 at 6:50 PM

Listed by: Tamara Aleksanyan, Tamara Aleksanyan Phone #: (747) 944-7007

MLS: CRMLS #SR24179964

CRMLS logo

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