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$569,000

Beds
2
Baths
1.0
sq ft
980

312 W 5th St Unit 323, Los Angeles, CA 90013

312 W 5th St Unit 323

Los Angeles, CA 90013

  • 62 days on market
Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining and nightlife Downtown LA has to offer. The building has 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet parking available onsite for $300/month per space. No pet restrictions and Airbnb allowed in complex.

Details

Property type

Condominium

Est. home value

$504,573

Lot size

0.6264 acres

Price per sq ft

$581

Year built

1923

Monthly HOA fee

$332

Price History

09/21/2024
CRMLS

CRMLS #SR24196696

Listed
$569,000
-5.01%
01/17/2024
CRMLS

CRMLS #SR23211558

Pending
$599,000
+6.96%
01/16/2024
CRMLS

CRMLS #SR23211558

Sold
$560,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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: 11/22/2024 at 1:40 AM

Listing updated: 09/22/2024 at 6:33 AM

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

MLS: CRMLS #SR24196696

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