312 W 5th ST 705 Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90013
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 670 sqft
Price per Sqft $641
MLS Listing ID CRP1-19864
Bedrooms 1
Full Baths 1
HOA Fees $329/mo
Originating Board California Regional MLS
Year Built 1923
Lot Size 0.627 Acres
Property Description
Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Rooms
Kitchen Dishwasher,Microwave,Oven Range - Electric,Oven Range,Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry Stacked Only
Exterior
Parking Features No Parking
Fence None
Pool Pool - Above Ground,Other
View Greenbelt,City Lights
Building
Story One Story
Sewer Sewer Available
Water District - Public
Others
Tax ID 5149002067
Special Listing Condition Not Applicable