Los Angeles, CA 90013,312 W 5th ST #1022
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Los Angeles, CA 90013,312 W 5th ST #1022
Los Angeles, CA 90013,312 W 5th ST #1022
Los Angeles, CA 90013,312 W 5th ST #1022
Los Angeles, CA 90013,312 W 5th ST #1022

$380,000

Est. payment /mo

$385,000

1.3%
Est.Price: ?

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312 W 5th ST #1022 Los Angeles, CA 90013

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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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Diego Magdaleno • 1Vision Real Estate
Bought with NONE NONE • None MRML

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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