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312 W 5Th St #516, Los Angeles, CA 90013
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312 W 5Th St #516 Los Angeles, CA 90013

$375,000 Sold Price as of 05/25/2021
  • 1 Beds
  • 1 Baths
  • 670 Sq.Ft.
Sold
$375,000 Sold Price as of 05/25/2021 Refinance Your Mortgage
Map preview of 312 W 5Th St #516, Los Angeles, CA 90013

Property Overview: 312 W 5Th St #516 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 670 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: Live in the heart of Downtown LA's bustling Historic Core adjacent to the Pershing Square metro subway station! This unit is an urbanite's dream loft with soaring open concrete ceilings and stunning huge windows facing Broadway with gorgeous architectural city views. This artist loft has stained concrete flooring, exposed original 1923 brick walls, and features an open kitchen with subway tile backsplash, solid wood cabinets, and stainless steel appliances. A separated open bedroom area with closet offers privacy as well as a spacious bathroom with washer/dryer for added convenience. Low-HOA building amenities include 24-hr security with front desk concierge, fitness center, rooftop pool/spa/lounge with 360 degree views of DTLA skyline. Valet or self parking available onsite.

Listed by Brigham Yen | BRE #01817137 | eXp Realty of California Inc
Co-listed by Bill Cooper | BRE #01309009 | Coldwell Banker Exclusive
Last checked: 15 minutes ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
27,285
HOA Dues
$251/mo
Year built
1923
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
21709794
City
Los Angeles
County
Los Angeles
Time on Site
1153 days

Property Details for 312 W 5Th St #516

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Loft
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, 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: One
  • Security Features: 24 Hour Security
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Community Structure, Covered, Controlled Entrance
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 280
  • Parcel Number: 5149002026
  • Year Built Source: Assessor
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $251 (Monthly)
  • Association Amenities: Concierge, Pool, Security
Location / Neighborhood
Location Information
  • Directions: Located at the southwest corner of 5th and Broadway in Downtown LA's Historic Core.
View more facts & features

Local Los Angeles Agent

Sale History for 312 W 5Th St #516

Last sold for $375,000 on May 25th, 2021

  • May, 2021

  • May 26, 2021

    Date

    Sold

    CRMLS: 21709794

    $375,000

    Price

  • May 12, 2021

    Date

    Pending

    CRMLS: 21709794

    $399,000

    Price

  • Mar 24, 2021

    Date

    Active

    CRMLS: 21709794

    $399,000

    Price

  • January, 2021

  • Jan 27, 2021

    Date

    Sold (Public Records)

    Public Records

    $106,500

    Price

  • January, 2021

  • Jan 14, 2021

    Date

    Canceled

    CRMLS: SR20145395

    $449,000

    Price

  • Jul 22, 2020

    Date

    Active

    CRMLS: SR20145395

    $449,000

    Price

  • Listing provided courtesy of CRMLS

    Conveniently located in the SB Grand Lofts, between Broadway and Hill Street, this loft style condo offers stained concrete flooring and an open concrete ceiling area to create the ambiance of Downtown living. The artist loft has large windows facing Broadway and an original 1923 exposed brick wall. The kitchen features a subway tile back splash, solid wood cabinets and stainless steel appliances. The unit has private stack-able washer/dryer hookups. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods 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. No pet restrictions. Great investment for anyone looking for upside potential in the next few years as property values increase downtown. The HOA has approved a large renovation project for the building. The building exterior will be repainted, lobby and hallways completely redone, rooftop painted and new furniture installed. The HOA reserves are extremely healthy and the renovation will be funded entirely from the reserves. There’s never been a special assessments or dues increase in the entire 15 year history of the HOA nor is there one in forecast.

  • July, 2017

  • Jul 31, 2017

    Date

    Sold

    CRMLS: 17242974

    $426,000

    Price

  • Jul 6, 2017

    Date

    Active Under Contract

    CRMLS: 17242974

    $418,000

    Price

  • Jun 23, 2017

    Date

    Active

    CRMLS: 17242974

    $418,000

    Price

  • Listing provided courtesy of CRMLS

    Spacious 670 sqft 1 bedroom unit at SB Grand offering everything you're looking for in a Downtown loft! Separate bedroom with built-in closet and custom made drawer ($10k value,) full bathroom with stackable washer/dryer, upgraded ceiling fans and AC unit ($7k value,) fresh paint, stainless steel appliances, industrial high ceilings, just polished cool cement floor, and a cozy natural lighting throughout the day with morning direct sunlight and afternoon reflected light coming from the East. Located at the Financial District/Historic Core border, across from Pershing Square, and next to the metro rail entrance, DASH, and Bus stops... This is a commuter's paradise. Building amenities include 24/7 security and concierge, fitness room, rooftop pool, spa, and sundeck with 360-degree views of Downtown. Available 1 car valet parking service for additional $200/mo.

  • July, 2017

  • Jul 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $426,000

    Price

Show More

Tax History for 312 W 5Th St #516

Assessed Value (2020): $443,210
Year Land Value Improved Value Assessed Value
2020 $133,171 $310,039 $443,210

Home Value Compared to the Market

This property vs the competition

312 W 5Th St #516 sold on May 25, 2021 for 66.47% 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 $595.52 per/sqft which puts the price per square foot 21.12% lower than the current median sale per square foot for the city of Los Angeles.

About 312 W 5Th St #516

Detailed summary of property

312 W 5Th St #516 is a condominium that recently sold in Los Angeles, CA 90013. This condo offered 1 bedrooms, 1 bathrooms, roughly 670 living square feet, and sits on an approximately 27,285 square foot lot. 312 W 5Th St #516 was first listed on ArdentRealEstateGroup.com on March 24, 2021. The homeowner sold the property for $375,000. 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 66.47% lower than the current median priced home. Local homes that are currently for sale include 267 S San Pedro St #321, 267 S San Pedro St #523 and 800 W 1st St #504. This home does have a Homeowners Association and the monthly fee is $251 per month. While the average home in Los Angeles, CA is selling in 92 days, 312 W 5Th St #516 has a days on market of 49 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 312 W 5Th St #516 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 #516

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
5149-002-026

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
$599,000
Median List Price/Sq.Ft.
$768
Median Sold Price
$425,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
64
Median Sale to List Price %
89.47%
Avg Days on Market
58
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (25%)

Thinking of Selling?

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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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