• 312 W 5th Street #1022 Los Angeles, CA 90013

  • $399,000
  • 1
    Bed(s)
  • 1
    Baths
  • 670
    Sq Ft
  • 27293
    Sqft
  • Listed By: Zo Lakanwal, The Executive Realty Group, DRE #02126194
  • Source: CRMLS

Conveniently located in the vibrant heart of Downtown LA, this beautifully renovated one-bedroom, one-bathroom condo offers a spacious and modern living space. The open floor plan showcases stunning views of the city and features some of the lowest HOA fees in the area. The unit boasts soaring concrete ceilings, reminiscent of a chic New York loft, with 12-foot exposed cement ceilings and two large casement windows flooding the space with natural light.Inside, you'll find stained concrete floors, stainless steel appliances, and a convenient washer and dryer. Residents can enjoy access to a range of amenities, including a rooftop pool and hot tub with breathtaking city views, a fitness center, and 24-hour security. This is a fantastic opportunity to experience the best of DTLA living.Situated across from Perch and the Pershing Square Metro Station, this building is at the intersection of the Historic Core and the Financial District. Just steps away from the renowned Grand Central Market, a foodie paradise, this location truly embodies urban living at its finest. The unit does not include parking, but the owner pays $200 per month for Valet VIP parking in the building. The property is tenant-occupied on a 1-year lease, lease ends 12-22-24. The tenant would prefer to stay, but if the buyer decides to proceed without them in place, then the tenant requests a 30-day notice upon the opening of escrow. This also is one of the very few buildings in Downtown that is Airbnb friendly, presenting an incredible opportunity!

Property Type :

Residential

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 1

Bathroom Information

Total Baths: 1

Full Baths: 1

Half Baths: 0

Interior Features

Interior Features: Loft

Property Appliances: Dishwasher,Refrigerator,Dryer,Washer

Fireplace: None

Flooring: Tile

Furnished Description: Unfurnished

Cooling Features

Central Air

Air Conditioning

Heating Source

None

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1923

Building Area Total: 670

Security Features

24 Hour Security,Security Guard

Pool Features

Association

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.6266

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 27293

Listing Price Information

Original List Price: 399,000

Listing Contract Date: 2024-02-28

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5149002162

Garage and Parking

Garage Description: Covered

Homeowners Association

Pets Allowed: Yes

Association: Yes

Association Amenities: Controlled Access,Picnic Area,Pool,Spa/Hot Tub

Association Fee: 317

AssociationFee Frequency: Monthly

Calculated Total Monthly Association Fees: 317

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 1756

Directions: Cross Hill Street

Zoning: LAC5

Source Property Type: Residential

Area: C42 - Downtown L.A.

Property SubType: Condominium

Building and Construction

Property Age: 101

Structure Type: Condominium

Year Built Source: Vendor Enhanced

Total Square Feet Living: 670

Entry Level: 10

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
312 W 5th Street #707, Los Angeles, CA,90013 $489,000 1 1 860 27285 Sqft
312 W 5th Street #523, Los Angeles, CA,90013 $539,999 1 1 980 27285 Sqft
400 S Broadway #1306, Los Angeles, CA,90013 $539,000 -- 1 411 36280 Sqft
400 S Broadway #2510, Los Angeles, CA,90013 $1,168,000 2 2 928 36280 Sqft
400 S Broadway #908, Los Angeles, CA,90013 $568,000 1 1 524 36280 Sqft
400 S Broadway #1402, Los Angeles, CA,90013 $498,000 -- 1 -- --
400 Broadway #804, Los Angeles, CA,90013 $508,000 1 1 524 36280 Sqft
629 Traction Avenue #212, Los Angeles, CA,90013 $895,000 2 2 1,240 91271 Sqft
629 Traction Avenue #421, Los Angeles, CA,90013 $819,000 2 2 1,290 91244 Sqft
312 W 5th Street #522, Los Angeles, CA,90013 $449,000 1 1 700 27285 Sqft

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ByOwner last updated this listing 05/08/2024 @ 00:47

MLS: 24362953
LISTED BY: Zo Lakanwal, The Executive Realty Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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