312 W 5Th Street, #1022

Los Angeles, CA 90013

$399,000

List Price

1

bed Beds

1

shower Baths

670 sqft

straighten / sqft

1923

calendar_month Built

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.

Listing Information

List Price $399,000
Status Active
MLS PW24177763
HOA $317
Type Residential
Subtype Condominium
Year Built 1923
Lot Size 27,293
Structure Size 670
DOM 1
Courtesy Of 1Vision Real Estate
Listing Agent Diego Magdaleno DRE#01952035

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 1
Total Bathroom
Bathrooms 1
Flooring Information
Material Tile
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down, Bedroom on Main Level, Loft
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Diego Magdaleno, 1Vision Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 30th, 2024 at 2:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.