312 W 5th Street 221, Los Angeles, CA 90013

$310,000 Asking Price

1 bed
1 bath
610  sqft
Built in 1923

Excellent location in the heart of Downtown Los Angeles at 5th and Broadway and priced to sell. This loft space on the 2nd floor of the SB Grand offers a move-in ready living space or excellent rental property for both short term or long term rental use. The HOA fees are among the lowest in Downtown Los Angeles and the building offers amenities including a rooftop deck and pool, gymnasium, 24 hour security at the front desk and utilities including water, water heating and services. Airbnb/Short term rentals are allowed by HOA. Parking available in the building at $300/month. Loft #221 in the SB Grand is located on the second floor and has the high ceilings, open floor plan and convenient access to all of downtown LA that will make a great home, live/work space or even an easy to manage rental investment property. Some of the features include new flooring, brand new stove and fridge, freshly painted, in-unit laundry and a deeded outdoor patio space that is unique to the interior lofts on the 2nd floor. Located blocks from The Last Bookstore, Perch, Grand Central Market and the Broadway Theater District. Metro station next door for unparalleled access to the train system. HOA fees in the property are $280/month. No pet restrictions and rentals are permitted in compliance with city rules. Take advantage of the coming improvements to the Broadway corridor, UCLA's Downtown campus and direct access to the Metro train system.

Features & Amenities

Interior

General:
Tile Counters,Trash Chute,Unfurnished
Laundry:
Washer Hookup
Flooring:
Linoleum/Vinyl,Tile
A/C:
Electric
Heating:
Combination Heating, Electric
Fireplace:
N/K

Exterior

Pool:
Above Ground,Association,Other
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
280.0, Monthly
County:
Los Angeles

Lot

Zoning:
5149033048
View:
N/K
Fencing:
Wrought Iron
Restrictions:
CC&R's

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Not Available,Sewer Connected,Water Connected
Water:
Public
Sewer:
Sewer Paid

This listing courtesy of:
Coldwell Banker Realty, Adam Bray-Ali

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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