$380,000
$385,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
670 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $380,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 670 sqft
Price per Sqft $567
MLS Listing ID PW24177763
Sold Date 11/15/24
Bedrooms 1
Full Baths 1
Condo Fees $317
HOA Fees $317/mo
HOA Y/N Yes
Year Built 1923
Lot Size 0.627 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC5
Rooms
Main Level Bedrooms 1
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Loft
Heating None
Cooling Central Air
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Pool Fenced, Private, Association
Community Features Curbs
Amenities Available Controlled Access, Picnic Area, Pool
View Y/N Yes
View City Lights
Private Pool Yes
Building
Story 12
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
HOA Name Shybary Grand, Inc
Senior Community No
Tax ID 5149002162
Security Features 24 Hour Security
Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac
Financing Conventional
Special Listing Condition Standard
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Bought with NONE NONE • None MRML
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REALTORS® | Lic# 01155199 | 02051274