About 312 5th Street 1121
Live the best DTLA life at Shybary Grand Lofts located at the corner of 5th and Broadway and across Pershing Square. Short-term rentals like Airbnb are permitted at the 1920's Beaux-Arts architecture style building making it an even greater investment! Low monthly HOA of $279! This studio loft on the 11th floor (2nd to highest floor) features soaring 15-foot ceilings with exposed beams, a full-sized bathroom, stainless steel appliances, and a private balcony. Studio 1121 includes a washer/dryer combo, refrigerator, dishwasher, electric stove/oven, microwave, and an oversized oval bathtub. 24-hour security/front desk concierge, rooftop plunge pool and hot tub, outdoor dining with gas grills + fire pits, gym, and a rooftop lounge area with amazing panoramic views of the DTLA skyline. Nestled in a prime location in Downtown LA, this property stands out with flexible rental options and some of the lowest HOA fees in the area, making it a rare gem for investors. With major worldwide events like the Olympics and World Cup on the horizon, its proximity to Crypto.com Arena, LA Live, and the Arts District Building ensures strong support for short-term rentals on platforms like Airbnb, Vrbo, Booking.com, and more. A short walk from the famous Grand Central Market, Metro Station, The Last Bookstore, Pershing Square, Perch LA, Bunker Hill, LA Live, 7th & Fig, Whole Foods, the Bloc, Big Man Bakes, PI LA, Kazunori, Bar Ama, Alamo Drafthouse and the best dining, shopping and nightlife DTLA has to offer. The building is VA-approved for VA financing.
