312 W 5Th St #523, Los Angeles, CA 90013
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312 W 5Th St #523 Los Angeles, CA 90013

$539,999
  • 1 Beds
  • 1 Baths
  • 980 Sq.Ft.
For Sale
$539,999 Get Pre-Qualified

Map preview of 312 W 5Th St #523, Los Angeles, CA 90013

Property Overview: 312 W 5Th St #523 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 980 living square feet and 27,285 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: 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.

Listed by MARIA DE JESUS CASTILLO | BRE #01741271 | EXCELLENCE RE REAL ESTATE
Co-listed by BLANCA TREVINO | BRE #02094971 | EXCELLENCE RE REAL ESTATE
Last checked: 14 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 403
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Home details

Lot Sq. Ft
27,285
HOA Dues
$373/mo
Year built
1923
Garage
--
Property Type:
Condominium
Status
Active
MLS#
MB23028775
City
Los Angeles
County
Los Angeles
Time on Site
432 days

Open Houses for 312 W 5Th St #523

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Property Details for 312 W 5Th St #523

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Flooring: Concrete, Tile
  • Loft
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Open Floorplan
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community, In Ground
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 5149002033
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Shybary Grand HOA
  • Association Fee: $373 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Pets Permitted
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: On 5th Street between Broadway & Hill
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 312 W 5Th St #523

Last sold for $195,000 on December 16th, 2010
  • February, 2023

  • Feb 19, 2023

    Date

    Canceled

    CRMLS: MB22256901

    $488,888

    Price

  • Dec 17, 2022

    Date

    Active

    CRMLS: MB22256901

    $488,888

    Price

  • Listing provided courtesy of CRMLS

    Welcome to SB Grand. You've not only found the perfect blend of location, but comfort. This one bedroom, one bathroom condo features beautiful views of DTLA city life and skyline. With 18' soaring ceilings, polished concrete floors and North facing windows makes this unit very desirable. There's an abundance of light without the heat. The kitchen area features shaker style cabinetry with granite counter tops and all in one washer & dryer in the bathroom area. The location is unparalleled, situated walking distance to the best shopping, dining, and nightlife Downtown LA has to offer. The building has 24hr security with front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet parking available onsite for $300/month or self parking $350/month. No pet restrictions and HOA allows AirBnb making this property an incredible investment. Close to all freeways, metro rail, it is 50 feet from Pershing Square Red line, the Jewelry Mart District, Flower District, and Garment District.

  • February, 2023

  • Feb 19, 2023

    Date

    Active

    CRMLS: MB23028775

    $539,999

    Price

  • January, 2021

  • Jan 11, 2021

    Date

    Expired

    CRMLS: 20616218

    $565,000

    Price

  • Aug 16, 2020

    Date

    Withdrawn

    CRMLS: 20616218

    $565,000

    Price

  • Aug 10, 2020

    Date

    Active

    CRMLS: 20616218

    $565,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 2, 2020

    Date

    Expired

    CRMLS: 20623116

    $543,900

    Price

  • Sep 30, 2020

    Date

    Price Change

    CRMLS: 20623116

    $543,900

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: 20623116

    $555,000

    Price

  • Listing provided courtesy of CRMLS

    Exterior facing, spacious city loft located in the heart of DTLA's Historic Core. The open loft layout, offering creative flexibility, has beautifully stained concrete floors and high ceilings with upgraded LED track lighting. Kitchen is adorned with stainless steel appliances, granite countertops, solid wood cabinetry, and kitchen island. Large beautiful windows allow natural light in along with exterior facing city views. Unit has low HOA dues with building amenities that include rooftop pool and spa offering spectacular Downtown LA views, gym, lounge, and security 24 hours a day. Onsite parking is available. Building is pet friendly and allows AirBnb.

  • December, 2010

  • Dec 16, 2010

    Date

    Sold (Public Records)

    Public Records

    $195,000

    Price

  • June, 2006

  • Jun 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

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Tax History for 312 W 5Th St #523

Assessed Value (2020): $228,429
Year Land Value Improved Value Assessed Value
2020 $91,371 $137,058 $228,429

Home Value Compared to the Market

This property vs the competition

312 W 5Th St #523 is listed 56.77% 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 $551.02 per/sqft which puts the price per square foot 28.62% lower than the median price per square foot for the city of Los Angeles.

About 312 W 5Th St #523

Detailed summary of property

312 W 5Th St #523 is a condominium located in Los Angeles, CA 90013 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 980 living square feet, and sits on an approximately 27,285 square foot lot. 312 W 5Th St #523 was first listed on ArdentRealEstateGroup.com on February 19, 2023. The homeowner is currently asking $539,999. 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 56.77% lower than the median priced home. Local competing homes currently for sale include 400 S Broadway #1402, 400 S Broadway #908 and 460 S Spring St #816. This home does have a Homeowners Association and the monthly fee is $373 per month. While the average home in Los Angeles, CA is selling in 97 days, 312 W 5Th St #523 has a days on market of 403 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 #523 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 #523

Public county record property details
Beds
1
Baths
1
Year built
1923
Sq. Ft.
980
Lot Size
27,284
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-002-033

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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Related Resources to 312 W 5Th St #523

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.