1 year on rocket

312 W 5th St Unit 825, Los Angeles, CA, 90013

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
1 Full Bath
750 SqFt
$665/SqFt
Condo

Location

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312 W 5th St Unit 825, Los Angeles$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1923
CoolingElectric
FireplaceNone
ViewCity Lights
MLS #SR23078056
Lot Size0.63 Acres
StatusActive

About 312 W 5th St Unit 825

2 Bedroom unit! Conveniently located in the SB Grand Lofts, between Broadway and Hill Street, this 1-bedroom loft style condo is exterior facing with a great view facing north. Perched high above the hustle and bustle of 5th St., this loft offers tiled flooring and an open ceiling area to create the ambience of Downtown living, and the unit is very quiet as it shares a wall with only 1 other unit. The unit features large windows offering lots of natural light and a kitchen with stainless steel appliances. The unit has private stackable washer/dryer hookups. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining, shopping and nightlife Downtown LA has to offer. The building has some of the lowest HOA dues in Downtown LA and you get incredible value for what you pay; 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite. No pet restrictions and Airbnb/short term rentals permitted! Great investment for anyone looking for upside potential in the next few years as property values increase downtown. Building is currently undergoing cosmetic facelift with no special assessment or increase in HOA dues required.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Rommy Shy
  • Office Email: rshy.realty@gmail.com
  • Listing Agent: Rommy Shy

Interior Features

Interior Information:

  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Cooling: Electric

Other

Directions Information:

  • Directions: on 5th between Hill and Broadway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $665/SqFt

HOA Fees:

  • Amount: $325
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

312 W 5th St Unit 825 vs Los Angeles

595 DAYS ON ROCKET

+557 Days

$499,000

-$522.5K Less

$665/SqFt

+$25 More

KEY TAKEAWAY

This property is $522.5K less than the Median Sold Price and $25/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR23078056

Listing Office:

  • Office Name: Rommy Shy
  • Office Email: rshy.realty@gmail.com
  • Listing Agent: Rommy Shy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,883

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1014512
3
/10

  • 9th Street School

  • 835 Stanford Ave

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-1014513
4
/10

  • Gratts Learning Academy for Young Scholars (GLAYS)

  • 309 Lucas Ave

  • 0.93 miles

  • Public District Grades 2-6

school-card-donut-1014514
4
/10

  • N.E.W. Academy of Science and Arts

  • 379 Loma Dr

  • 1.17 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,568. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 312 W 5th St Unit 825

What is the listing price of this property?

The listing price of 312 W 5th St Unit 825 property is $499,000.

What type of property is this?

The property 312 W 5th St Unit 825 is a condo located in Los Angeles, California, 90013.

Is this property for sale now?

Active Listing: 312 W 5th St Unit 825 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 312 W 5th St Unit 825 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 312 W 5th St Unit 825 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 312 W 5th St Unit 825 is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90013›312 W 5th St Unit 825

This home is located at 312 W 5th St Unit 825 in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 750 square foot home, which was built in 1923, sits on a 0.63 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 06, 2023 and is currently priced at $499,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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