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Sold for $380,000 on 11/15/24
  • Listing Provided by: 

    Diego Magdaleno DRE #01952035 615-887-5252,

    1Vision Real Estate,

    Nazanin Karami DRE #02038801 714-681-1222,

    1Vision Real Estate

    Bought with: None MRML
    $380,000

    312 W 5th St APT 1022, Los Angeles, CA 90013

    1beds
    670sqft
    Condominium
    Built in 1923
    -- sqft lot
    $372,700 Zestimate®
    $567/sqft
    $2,113 Estimated rent

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    What's special

    Welcome to 312 W 5th St #1022, situated on the 10th floor, just beneath the penthouse level, offering breathtaking, unobstructed views of the iconic Downtown LA skyline. This extensively renovated one-bedroom, one-bathroom residence seamlessly blends contemporary design with spacious urban living. The impressive 12-foot concrete ceilings enhance the open and airy floor plan, while an abundance of natural light pours in through the oversized casement windows. The unit boasts a modern aesthetic with stained concrete floors, stainless steel appliances, and the convenience of an in-unit washer and dryer. Residents will enjoy a range of premium amenities, including a rooftop pool and hot tub with stunning panoramic city views, a fully equipped fitness center, and 24-hour security for peace of mind. Perfect for those who embrace the live/work urban lifestyle, the Metro is just a short 3-minute walk away, providing seamless access to destinations such as Santa Monica Beach, Hollywood, Universal Studios, LAX, and soon, Midtown and Beverly Hills. The Broadway corridor is experiencing a renaissance, with new shops, fantastic dining options, and much more. Located within walking distance from UCLA’s Downtown Campus, Bunker Hill, Grand Central Market, Crypto.com Arena, LA Live, and the Arts District, this location is ideal for students, young professionals, or investors looking to secure a prime property. The building’s rare AIRBNB-FRIENDLY policy adds significant value, making it an excellent investment choice. With its exceptional location, flexible rental options, and some of the lowest HOA fees in the area, this property stands out as a unique investment opportunity, with major notable events like the Olympics and the World Cup on the horizon.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 09:14pm

    Listing Provided by:

    Diego Magdaleno DRE #01952035 615-887-5252,

    1Vision Real Estate,

    Nazanin Karami DRE #02038801 714-681-1222,

    1Vision Real Estate

    Bought with:

    NONE NONE, DRE #N/A

    None MRML

    Source: CRMLS,MLS#: PW24177763MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • None
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Dryer, Washer
    • Laundry: Inside
    Features
    • All Bedrooms Down, Bedroom on Main Level, Loft
    • Flooring: Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 670 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 10
    • Has private pool: Yes
    • Pool features: Fenced, Private, Association
    • Has spa: Yes
    • Spa features: Association, Private, Roof Top
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.63 Acres
    Details
    • Parcel number: 5149002162
    • Zoning: LAC5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: 24 Hour Security
    Community
    • Community features: Curbs
    Location
    • Region: Los Angeles

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $317 monthly
    • Amenities included: Controlled Access, Picnic Area, Pool
    • Association name: Shybary Grand, Inc
    • Association phone: 213-399-1940

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac
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    Estimated market value
    $372,700