312 W 5Th St #514, Los Angeles, CA 90013
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312 W 5Th St #514 Los Angeles, CA 90013

$582,000 Sold Price as of 06/09/2020
  • 2 Beds
  • 1 Baths
  • 940 Sq.Ft.
Sold
$582,000 Sold Price as of 06/09/2020 Refinance Your Mortgage

Map preview of 312 W 5Th St #514, Los Angeles, CA 90013

Property Overview: 312 W 5Th St #514 Los Angeles, CA has 2 bedrooms, 1 bathrooms, 940 living square feet and 27,285 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SB Grand is offering a 2-bedroom loft for sale for the first time! Modern open loft with fantastic urban industrial character on Broadway in the Historic Core, with high ceilings and huge original windows allow for great natural light. Polished concrete floors throughout and kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups in unit and oversized soaking tub. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central Market, Ralphs, Whole Foods, Staples Center/L.A. Live and the best dining and nightlife Downtown LA has to offer. The building has some of the lowest HOA dues in Downtown LA and you get incredible value for what you pay; 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite for $250/month per space. Amazing Panoramic City Views! Great investment for anyone looking for upside potential in the next few years as property values increase downtown. HOA will be undertaking a significant cosmetic face lift of the building in the next few months without special assessment or increase in HOA dues. Airbnb allowed, no pet restrictions.

Listed by Rommy Shy | BRE #01874848 | Rommy Shy
Last checked: 16 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
27,285
HOA Dues
$280/mo
Year built
1923
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
SR20084605
City
Los Angeles
County
Los Angeles
Time on Site
1212 days

Property Details for 312 W 5Th St #514

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Loft
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association, Roof Top
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 280
  • Parcel Number: 5149002024
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: SB Grand HOA
  • Association Fee: $280 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: on 5th between Hill and Broadway.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 312 W 5Th St #514

Last sold for $582,000 on June 9th, 2020
  • June, 2020

  • Jun 10, 2020

    Date

    Sold

    CRMLS: SR20084605

    $582,000

    Price

  • May 18, 2020

    Date

    Pending

    CRMLS: SR20084605

    $589,000

    Price

  • May 4, 2020

    Date

    Active

    CRMLS: SR20084605

    $589,000

    Price

  • May, 2020

  • May 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $582,000

    Price

Show More

Tax History for 312 W 5Th St #514

Assessed Value (2020): $96,496
Year Land Value Improved Value Assessed Value
2020 $21,087 $75,409 $96,496

Home Value Compared to the Market

This property vs the competition

312 W 5Th St #514 sold on June 9, 2020 for 50.5% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $626.6 per/sqft which puts the price per square foot 17.01% lower than the current median sale per square foot for the city of Los Angeles.

About 312 W 5Th St #514

Detailed summary of property

312 W 5Th St #514 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 2 bedrooms, 1 bathrooms, roughly 940 living square feet, and sits on an approximately 27,285 square foot lot. 312 W 5Th St #514 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $582,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.5% lower than the current median priced home. Local homes that are currently for sale include 460 S Spring St #616, 460 S Spring St #1013 and 460 S Spring St #613. This home does have a Homeowners Association and the monthly fee is $280 per month. While the average home in Los Angeles, CA is selling in 94 days, 312 W 5Th St #514 has a days on market of 14 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 312 W 5Th St #514 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 #514

Public county record property details
Beds
1
Baths
1
Year built
1923
Sq. Ft.
890
Lot Size
27,284
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-002-024

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
$593,000
Median List Price/Sq.Ft.
$775
Median Sold Price
$425,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
54
Median Sale to List Price %
89.47%
Avg Days on Market
58
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Related Resources to 312 W 5Th St #514

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.