312 W 5Th Street, #523

Los Angeles, CA 90013

$539,999

List Price

1

bed Beds

1

shower Baths

980 sqft

straighten / sqft

1923

calendar_month Built

Property Description

Los Angeles living at its best! This unit is located in the SB Grand Lofts, between Broadway and Hill Street this 1-bedroom loft style Condo faces the north exterior of the building . Perched high above the hustle and bustle of 5th Street. The open floor plan of the loft offers; polished concert flooring and 18' high ceilings, large windows offering lots of natural light and a kitchen with stainless steel applications. The kitchen area features shaker style cabinetry with granite counter tops in addition the unit also has a combo washer/dryer hookup. The location is unparalleled, situated just minutes from the block, Grand central Market, Ralphs, Whole Foods, and the best dining, shopping, and night life Downtown LA has to offer. The building has one of the lowest HOA dues in Downtown Los Angeles. In addition, you get incredible value for what you pay; 24hr security front desk concierge, fitness room, roof top pool, hot tub and roof top lounge area with panoramic views of the Downtown Los Angeles sky line. Valet parking available on-site for $300.00/month or self parking for $350.00/ month. No pet restrictions and HOA allows AirBNB making this property an incredible investment. Close to all freeways, Metro rail, it is 50" from Pershing Square Red Line, The Jewelry Mart, Flower District, Garment District. Great opportunity for anyone looking for upside potential, in the next few years as property values will increase in Downtown LA. Condo is to be SOLD in AS-IN condition. No repairs of any kind unless required by lender to close.

Listing Information

List Price $539,999
Status Active
MLS MB23028775
HOA $373
Type Residential
Subtype Condominium
Year Built 1923
Lot Size 27,285
Structure Size 980
DOM 541
Courtesy Of EXCELLENCE RE REAL ESTATE
Listing Agent MARIA DE JESUS CASTILLO DRE#01741271
Co-Listing Agent BLANCA TREVINO DRE#02094971

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup
Total Bedroom
Bedrooms 1
Total Bathroom
Bathrooms 1
Flooring Information
Material Concrete, Tile
Fireplace Information
Features None
Additional Information
Additional Features Open Floorplan, Loft
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: MARIA DE JESUS CASTILLO, BLANCA TREVINO, EXCELLENCE RE REAL ESTATE . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.