Property Details
About this Property
Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.
MLS Listing Information
MLS #
CRP1-19864
MLS Source
California Regional MLS
Days on Site
47
Interior Features
Appliances
Dishwasher, Microwave, Oven Range, Oven Range - Electric, Refrigerator
Fireplace
None
Laundry
Stacked Only
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Pool
Above Ground, Community Facility, Other
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$329
HOA Fee Frequency
Monthly
Complex Amenities
Community Pool, Game Room, Picnic Area
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
312 W 5th St 705 is a Condominium in Los Angeles, CA 90013. This 670 square foot property sits on a 0.626 Acres Lot and features 1 bedrooms & 1 full bathrooms. It is currently priced at $430,000 and was built in 1923. This address can also be written as 312 W 5th St #705, Los Angeles, CA 90013.
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This listing information is up-to-date as of December 22, 2024. For the most current information, please contact Adam Bray-Ali, (213) 399-1940
