About 312 W 5th St 1022
Conveniently located in the vibrant heart of Downtown LA, this beautifully renovated one-bedroom, one-bathroom condo offers a spacious and modern living space. The open floor plan showcases stunning views of the city and features some of the lowest HOA fees in the area. The unit boasts soaring concrete ceilings, reminiscent of a chic New York loft, with 12-foot exposed cement ceilings and two large casement windows flooding the space with natural light.Inside, you'll find stained concrete floors, stainless steel appliances, and a convenient washer and dryer. Residents can enjoy access to a range of amenities, including a rooftop pool and hot tub with breathtaking city views, a fitness center, and 24-hour security. This is a fantastic opportunity to experience the best of DTLA living.Situated across from Perch and the Pershing Square Metro Station, this building is at the intersection of the Historic Core and the Financial District. Just steps away from the renowned Grand Central Market, a foodie paradise, this location truly embodies urban living at its finest. The unit does not include parking, but the owner pays $200 per month for Valet VIP parking in the building. The property is tenant-occupied on a 1-year lease, lease ends 12-22-24. The tenant would prefer to stay, but if the buyer decides to proceed without them in place, then the tenant requests a 30-day notice upon the opening of escrow. This also is one of the very few buildings in Downtown that is Airbnb friendly, presenting an incredible opportunity!
Features of 312 W 5th St 1022
MLS® # | 24-362953 |
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Price | $399,000 |
Bedrooms | 1 |
Bathrooms | 1.00 |
Full Baths | 1 |
Square Footage | 670 |
Acres | 0.63 |
Year Built | 1923 |
Type | Residential |
Sub-Type | Condominium |
Style | High or Mid-Rise Condo |
Status | Active |
Community Information
Address | 312 W 5th St 1022 |
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Area | Downtown L.A. |
Subdivision | SB Grand |
City | LOS ANGELES |
County | Los Angeles |
State | CA |
Zip Code | 90013 |
Amenities
Amenities | Assoc Barbecue, Sun Deck, Picnic Area, Concierge, Controlled Access, Spa, Exercise Room |
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Garages | Covered Parking |
View | City, City Lights |
Is Waterfront | No |
Has Pool | Yes |
Pool | Association Pool |
Interior
Interior | Cement, Tile |
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Heating | None |
Cooling | Central |
Fireplace | No |
Fireplaces | None |
Has Basement | No |
Additional Information
Date Listed | February 28th, 2024 |
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Days on Market | 64 |
Zoning | LAC5 |
Foreclosure | No |
RE / Bank Owned | No |
HOA Fees Freq. | Monthly |
Listing Details
Agent | Zo Lakanwal (02126194) |
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Office | The Executive Realty Group |