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MLS:24-415137

312 5th, Unit 1022, Los Angeles, CA 90013

Priced at: $415,000
Bedrooms:
1
Bathrooms (Full):
1
Bathrooms (Half):
0
Living Area SqFt:
670 Sq Ft
Lot SqFt:
27,293 Sq Ft
Year Built:
1923
Back on the MARKET! Vacant and Easy to Show!! Conveniently located in the vibrant heart of Downtown LA, this beautifully renovated one-bedroom, one-bathroom condo offers a spacious and modern living space. The open floor plan showcases stunning views of the city and features some of the lowest HOA fees in the area. This is an ideal rental property for investors . Please be aware that this building is one of only two that permit Airbnb use. With the Olympics and World Cup on the horizon, this presents an exceptional investment opportunity. The unit boasts soaring concrete ceilings, reminiscent of a chic New York loft, with 12-foot exposed cement ceilings and two large casement windows flooding the space with natural light.Inside, you'll find stained concrete floors, stainless steel appliances, and a convenient washer and dryer. Residents can enjoy access to a range of amenities, including a rooftop pool and hot tub with breathtaking city views, a fitness center, and 24-hour security. This is a fantastic opportunity to experience the best of DTLA living.Situated across from Perch and the Pershing Square Metro Station, this building is at the intersection of the Historic Core and the Financial District. Just steps away from the renowned Grand Central Market, a foodie paradise, this location truly embodies urban living at its finest. Close to the Garment District and the renowned FIDM, this building is ideal for students seeking affordable housing. Its Airbnb potential and prime location make it particularly appealing. The unit does not include parking, but the owner pays $200 per month for Valet VIP parking in the building. I would like to mention once more that this is one of the very few buildings in Downtown that is Airbnb friendly, presenting an incredible opportunity!

Fees

Features

Equipment/ Appliances:
  • Built-Ins
  • Dryer
  • Dishwasher
  • Refrigerator
  • Range/Oven
  • Washer
Amenities:
  • Assoc Barbecue
  • Sun Deck
  • Pool
  • Fitness Center
  • Onsite Property Management
  • Controlled Access
  • Picnic Area
Security Info:
  • 24 Hour
  • Guarded
Parking:
  • Covered Parking
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MLS: 24-415137
312 5th, Unit 1022, Los Angeles, CA 90013
Price: $415,000
Listing courtesy of The Executive Realty Group

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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