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.
Property Details
Price:
$430,000
MLS #:
P1-19864
Status:
Active
Beds:
1
Baths:
1
Address:
312 W 5th Street 705
Type:
Condo
Subtype:
Condominium
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 6, 2024
State:
CA
Finished Sq Ft:
670
ZIP:
90013
Lot Size:
27,293 sqft / 0.63 acres (approx)
Year Built:
1923
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Schools
Interior
Appliances
Dishwasher, Electric Range, Microwave, Free- Standing Range, Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Association Amenities
Picnic Area, Pets Permitted, Pool, Recreation Room, Pet Rules
Community Features
Park, Urban
Fencing
None
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
None
Parking Spots
0.00
Pool Features
Above Ground, Roof Top
Sewer
Public Sewer, Sewer Paid
Stories Total
11
View
City Lights, Park/ Greenbelt
Water Source
Public
Financial
Association Fee
329.00
HOA Name
SB Grand
Map
Community
- Address312 W 5th Street 705 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90013
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
312 W 5th Street 705
Los Angeles, CA
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