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312 W 5th Street Unit 523

Los Angeles, CA 90013

1 bed
1 bath
980 sqft
~3/4 acre lot
$551 per sqft
1923 build
– on site

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 CRMLS_CA / MARIA DE JESUS CASTILLO / EXCELLENCE RE REAL ESTATE / 562-538-4843

Last checked: Checking… • Last updated Sep 11, 2023 •

MLS# MB23028775 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1923
Year Built Source:

Public Records
New Construction:

No
Structure Type:

Multi Family
Common Walls:

2+ Common Walls
Total Number Of Units:

1
Unit Number:

523

Interior

Features:

Open Floorplan
Levels:

One
Flooring:

Concrete, Tile
Room Type:

Loft
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Electric Dryer Hookup, Washer Hookup
Laundry:

1

Room Dimensions

Living Area:

980.00

Location

Directions:

On 5th Street between Broadway & Hill
Latitude:

34.04803300
Longitude:

-118.25124800

The Property

Property Type:

Residential
Subtype:

Condominium
Zoning:

LAC5
Lot Size Area:

27285.0000
Lot Size Acres:

0.6264
Lot Size SqFt:

27285.00
Lot Size Source:

Assessor
View:

1
View:

City Lights
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2073.05
Tax Tract:

54120
Tax Lot:

1

Beds

Total Bedrooms:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Full & Three Quarter Baths:

1
Main Level Baths:

1
Full Baths:

1

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Virtual Tour
Parcel Number:

5149002033

Heating & Cooling

Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Los Angeles Unified

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

Community, In Ground
Private Pool:

No
Association Amenities:

Pool, Spa/Hot Tub, Pets Permitted
Association:

Shybary Grand HOA
Association:

Yes
Association Fee:

$373.50
Association Fee Frequency:

Monthly
Assessments:

Yes
Assessments:

Unknown
Units in the Community:

280

Monthly cost estimate

Asking price

$539,999

Expense	Monthly cost
Mortgage	$2,891
Taxes	N/A
Insurance	$148
HOA fees	$374
Utilities	$117 See report
Total	$3,530/mo.^*
	^*This is an estimate

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AT&T Fiber

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
2/19/23 Feb 19, 2023	Listed / Active	CRMLS_CA	$539,999

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This condo located in Central LA, Los Angeles, CA 90013 is currently for sale for $539,999. 312 W 5th Street Unit 523 is a 980 square foot condo with 1 bed and 1 bath that has been on Estately for 625 days. 312 W 5th Street Unit 523 is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 98, making it a walker’s paradise. This condo is in the attendance area of Edward R. Roybal Learning Center, John H Liechty Middle School, Miguel Contreras Learning Complex - School Of Social Justice, 9th Street Elementary School, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, and Belmont Senior High School.

Listing Courtesy of: CRMLS_CA and EXCELLENCE RE REAL ESTATE. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 05.

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.