312 W 5th ST #523 Active

Los Angeles,CA 90013

$ 539999

1 Bed

1 Bath

980 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $551

MLS Listing ID MB23028775

Bedrooms 1

Full Baths 1

Condo Fees $373

HOA Fees $373/mo

Year Built 1923

Lot Size 0.626 Acres

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC5

Interior

Cooling Central Air

Flooring Concrete,Tile

Fireplaces Type None

Laundry Washer Hookup,Electric Dryer Hookup

Exterior

Pool Community,In Ground,Association

Community Features Sidewalks,Pool

Amenities Available Pool,Pets Allowed,Spa/Hot Tub

View Y/N Yes

View City Lights

Building

Dwelling Type Multi Family

Story One

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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