312 W 5th Street #1022

Los Angeles, CA 90013
$385,000
670 sqft | 1 bed | 1 bath | 0.63 acres | #PW24177763
Courtesy of 1Vision Real Estate

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.
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  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown, BedroomOnMainLevel, Loft
    • Beds & Baths
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
  • Property Details
    • Property
      • View:CityLights
      • Stories:12
    • Measurements
      • Acres:0.6266
      • Square Feet:670
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1923
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Los Angeles Unified
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$399, 000
    • HOA
      • Hoa fees:317
  • Other
    • Source
      • MLS #:PW24177763

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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