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$459,000

Beds
1
Baths
1.0
sq ft
700

312 W 5th St Unit 1005, Los Angeles, CA 90013

312 W 5th St Unit 1005

Los Angeles, CA 90013

  • 227 days on market
Open floor plan loft offered for sale for the first time! Modern open loft with fantastic urban industrial character on Broadway in the Historic Core. High concrete ceilings and large original window allows for great natural light. Polished concrete floors throughout and kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups in unit and oversized soaking tub. The loft faces Pershing Square and has an incredible view of the DTLA skyline. Situated just minutes walk from The Bloc, Grand Central Market, Ralphs, Whole Foods, Staples Center/L.A. Live and the best dining and nightlife Downtown LA has to offer. The new Apple store is opening right up the street and the new Broadway Streetcar will pass right next to the building. Building has some of the lowest HOA dues in Downtown LA and you get incredible value for what you pay; 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with amazing panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite for $300/month per space. No pet restrictions and Airbnb permitted!

Details

Property type

Condominium

Est. home value

$403,407

Lot size

0.6264 acres

Price per sq ft

$656

Year built

1923

Monthly HOA fee

$318.21

Price History

01/12/2024
CRMLS

CRMLS #SR23214095

Sold
$449,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Number of units in community: 

280

Seller’s Loan History

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

Lender

Bank Hapoalim Bm

Loan start date

July 2018

Original loan amount

$25,000,000

Est. remaining balance

Not provided

Interest rate

4.56%

Loan type

Commercial

Seller

5Th St Loft Llc

Lender

Preferred Bank

Loan start date

February 2009

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

5.01%

Loan type

Not Provided

Seller

5Th St Loft Llc

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: 07/03/2024 at 8:40 AM

Listing updated: 06/21/2024 at 2:10 PM

Listed by: Rommy Shy, Rommy Shy Phone #: (818) 274-2655

MLS: CRMLS #SR23214095

CRMLS logo

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