312 W 5th Street #M11
Los Angeles, CA 90013
$ 600,000
Price
2
Beds
1
Baths
1,073 Sq. Ft.
$559 / Sq. Ft.
Zillow Price Estimate - $590,700
983 Days On Market
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SPACIOUS 2 BEDROOM UNIT! Conveniently located in the SB Grand Lofts, between Broadway and Hill Street, this loft style condo offers hardwood flooring and 12 foot open concrete ceilings to create the ambiance of Downtown living. This unit features large windows that lookout onto Pershing Square and Downtown LA skyline view which is the most desirable available in the building. Kitchen features Caesarstone counter tops, marble back splash, and stainless steel appliances. The unit has private stack-able washer/dryer hookups. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining 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. Great investment for anyone looking for upside potential in the next few years as property values increase downtown and AirBnB rentals are permitted. The HOA has approved a large renovation project for the building and the HOA reserves are extremely healthy, the renovation will be funded entirely from the reserves.
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