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312 W 5Th St #1022, Los Angeles, CA 90013
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312 W 5Th St #1022 Los Angeles, CA 90013

$399,000
  • 1 Beds
  • 1 Baths
  • 670 Sq.Ft.
For Sale
$399,000 Get Pre-Qualified
Map preview of 312 W 5Th St #1022, Los Angeles, CA 90013

Property Overview: 312 W 5Th St #1022 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 670 living square feet and 27,293 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Zo Lakanwal | BRE #02126194 | The Executive Realty Group
Last checked: 58 seconds ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 59
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Home details

Lot Sq. Ft
27,293
HOA Dues
$317/mo
Year built
1923
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24362953
City
Los Angeles
County
Los Angeles
Time on Site
58 days

Open Houses for 312 W 5Th St #1022

No upcoming open houses

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Property Details for 312 W 5Th St #1022

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Loft
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Multi/Split
  • Security Features: 24 Hour Security, Guarded
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 280
  • Parcel Number: 5149002162
  • Entry Level: 10
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $317 (Monthly)
  • Association Amenities: Picnic Area, Concierge, Controlled Access, Pool, Spa/Hot Tub
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Cross Hill Street
View more facts & features

Local Los Angeles Agent

Sale History for 312 W 5Th St #1022

Last sold for $426,000 on May 26th, 2023

  • February, 2024

  • Feb 28, 2024

    Date

    Active

    CRMLS: 24362953

    $399,000

    Price

  • May, 2023

  • May 26, 2023

    Date

    Sold

    CRMLS: GD23057585

    $426,000

    Price

  • Apr 9, 2023

    Date

    Active

    CRMLS: GD23057585

    $389,000

    Price

  • Listing provided courtesy of CRMLS

    Conveniently located. Beautifully renovated spacious one level one bedromm one bath condo. Open Floor plan with view in SB Grand. Some of the lowest HOA in Downtown LA. Soaring concrete ceiling. Very industrial New York type condo and building. 12 foot exposed cement ceilings. Two casement Large windows. Hardwood floors. Stainless steel appliances and washer and dryer inside the unit. Amenities include a beautiful rooftop pool and hot tub with panoramic city views, fitness center and 24 hour security. Great opportunity to enjoy all that DTLA has to offer. Located across the street from Perch and Pershing Square Metro Station. The building is located on the boarder of the Historic Core and the Financial District within 2 blocks of the foodie hub Grand Central Market. The location is the true definition of urban dwelling.

  • July, 2018

  • Jul 2, 2018

    Date

    Sold

    CRMLS: 18342022

    $455,000

    Price

  • May 31, 2018

    Date

    Pending

    CRMLS: 18342022

    $475,000

    Price

  • May 9, 2018

    Date

    Active

    CRMLS: 18342022

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Live in the heart of Downtown LA. Spacious one bedroom loft features hard wood floors and an open floor plan with 12ft exposed cement ceilings. Two casement windows facing 5th St. with a romantic New York style fire escape/balcony. Stainless steel appliances and washer & dryer inside unit. Amenities include a beautiful rooftop pool and hot tub with panoramic city views, fitness center and 24 hr. security. This is a great opportunity to enjoy all that DTLA has to offer. Located across the street from Perch and Pershing Square Metro Station. On the boarder of the Historic Core and the Financial District within 2 blocks of the foodie hub Grand Central Market. The location is the true definition of urban dwelling.

  • July, 2018

  • Jul 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • March, 2016

  • Mar 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $372,500

    Price

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Tax History for 312 W 5Th St #1022

Assessed Value (2020): $464,100
Year Land Value Improved Value Assessed Value
2020 $260,100 $204,000 $464,100

Home Value Compared to the Market

This property vs the competition

312 W 5Th St #1022 is listed 68.05% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $595.52 per/sqft which puts the price per square foot 22.86% lower than the median price per square foot for the city of Los Angeles.

About 312 W 5Th St #1022

Detailed summary of property

312 W 5Th St #1022 is a condominium located in Los Angeles, CA 90013 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 670 living square feet, and sits on an approximately 27,293 square foot lot. 312 W 5Th St #1022 was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $399,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 68.05% lower than the median priced home. Local competing homes currently for sale include 215 W 7th St #1304, 257 S Spring St #2B and 630 W 6th St #616. This home does have a Homeowners Association and the monthly fee is $317 per month. While the average home in Los Angeles, CA is selling in 97 days, 312 W 5Th St #1022 has a days on market of 59 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 312 W 5Th St #1022 Los Angeles, CA 90013 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 312 W 5Th St #1022

Public county record property details
Beds
1
Baths
1
Year built
1923
Sq. Ft.
670
Lot Size
27,284
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-002-162

The source for these homes facts are from public records.

90013 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$769
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
51
Median Sale to List Price %
96.3%
Avg Days on Market
62
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (66.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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