312 W 5th St APT 602, Los Angeles, CA 90013

For sale for the first time ever! This modern, open 1-bedroom loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high ceilings and huge windows allowing natural light. Hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining and nightlife Downtown LA has to offer. The building has some of the lowest HOA dues in Downtown LA and you get incredible value for what you pay; 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite for $250/month per space. No pet restrictions. Great investment for anyone looking for upside potential in the next few years as property values increase downtown. Airbnb allowed, no pet restrictions. The HOA has approved a large renovation project for the building. The building exterior will be repainted, lobby and hallways completely redone, rooftop painted and new furniture installed. The HOA reserves are extremely healthy and the renovation will be funded entirely from the reserves. There's never been a special assessments or dues increase in the entire 15 year history of the HOA nor is one in the forecast.