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SoldPrice dropCondo

312 W 5th Street #705

Los Angeles, CA 90013

$355,000
$530/sq ft
$390,000
Bedrooms
1
Bathrooms
1
Interior
670 sq ft
Year Built
1923

About this residence

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.

CityLights,ParkGreenbelt,Landmark0 parking

Features & finishes

  • Eat In Kitchen
  • Elevator
  • High Ceilings
  • All Bedrooms Down

Property details

Status
Sold
Property type
Condo
Price per sq ft
$530/sq ft
Days on market
77 days
Listed
August 14, 2025
Year built
1923
HOA fee
$319/mo
View
CityLights,ParkGreenbelt,Landmark
Parking
0 spaces
Furnished
No
Waterfront
No
MLS number
P1-23696

Location & neighborhood

312 W 5th Street #705, Los Angeles, CA 90013

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Mortgage calculator

Down payment20% · $71,000
Interest rate6.50%
Loan term30 years
$2,800
per month
  • Principal & interest$1,795
  • Property taxes$538
  • Insurance$148
  • HOA / fees$319
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Coldwell Banker Realty · MLS P1-23696. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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