312 5th Street 1022, Los Angeles, CA

$385,000

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1

Bed

1

Bath

670

Square feet

0.63

Acres

About 312 5th Street 1022

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.

Features of 312 5th Street 1022

MLS® # PW24177763
Price $385,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 670
Acres 0.63
Year Built 1923
Type Residential
Sub-Type Condominium
Style Traditional
Status Pending

Community Information

Address 312 5th Street 1022
Area C42 - Downtown L.A.
Community Type Loft, Live/Work, Condominium
City Los Angeles
County Los Angeles
State CA
Zip Code 90013

Listing Map

Amenities

Amenities Controlled Access, Picnic Area, Pool
View City Lights
Is Waterfront No
Has Pool Yes
Pool Private, Association, Fenced

Interior

Interior Tile
Interior Features All Bedrooms Down, Bedroom on Main Level, Loft
Appliances Dishwasher, Refrigerator, Dryer, Washer
Heating None
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 12
Stories One

School Information

District Los Angeles Unified

Additional Information

Date Listed August 29th, 2024
Days on Market 42
Zoning LAC5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 317
HOA Fees Freq. Monthly

Listing Details

AgentDiego Magdaleno
Office1Vision Real Estate

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