$430,000
- Beds
- 1
- Baths
- 1.0
- sq ft
- 670
312 W 5th St Unit 705, Los Angeles, CA 90013
312 W 5th St Unit 705
Los Angeles, CA 90013
- 46 days on market
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.
Details
Property type
Condominium
Lot size
0.6266 acres
Price per sq ft
$642
Year built
1923
Monthly HOA fee
$329
Price History
11/06/2024
CRMLS #P1-19864
Listed
$430,000
+10.26%
07/15/2016
CLAW #16111634
Sold
$390,000
Schools & Community
Neighborhood:
Downtown
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Park
Community features:
Park
Number of units in community:
280
Status: Active
Tomo last checked: 12/22/2024 at 3:45 AM
Listing updated: 12/19/2024 at 1:12 PM
Listed by: Adam Bray-Ali, Coldwell Banker Realty Phone #: (626) 449-5222
MLS: CRMLS #P1-19864
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