Welcome to this stunning high ceiling loft on the ninth floor of the iconic building at 312 W 5th St, located in the heart of Downtown Los Angeles' Historic Core. This light filled residence features soaring ceilings, an open floor plan, a recently remodeled kitchen with all appliances included, and expansive city views that capture the true essence of urban living. The loft includes air conditioning and a spacious layout ideal for both comfortable living and entertaining. The building is Airbnb and short term rental friendly, making this unit a strong income generating opportunity for investors seeking flexible use and cash flow potential. Residents enjoy resort style amenities including a rooftop pool and spa, lounge areas, fitness center, 24 hour security, and concierge services. The rooftop offers breathtaking 360 degree panoramic views of the Downtown Los Angeles skyline. Perfectly situated near Little Tokyo, the Arts District, and the Toy District, with easy access to the 10, 110, and 101 freeways. Enjoy close proximity to the Downtown farmers market, Disney Concert Hall, LA Live, and Crypto.com Arena, along with an array of dining, shopping, and cultural attractions. This loft presents an excellent opportunity for owner occupants or investors seeking a prime Downtown Los Angeles property with strong appeal, flexibility, and income potential.
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Shower in Tub
Interior Features
- Elevator
- Quartz Counters
- Flooring: Laminate
Appliances
- Dishwasher
- Electric Oven
- Electric Cooktop
- Refrigerator
- Laundry Features: Inside
Other Rooms
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Wall Furnace
- Heating: Yes
Kitchen and Dining
- Breakfast Room Description: Area
- Kitchen Features: Kitchen Open to Family Room,Quartz Counters,Remodeled Kitchen
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Size Acres: 0.6266
- Lot Size Source: Assessor
- Lot Size Square Feet: 27293
Pool and Spa
- Pool Features: Community, Roof Top
- Spa Features: Community, Roof Top
- Spa: Yes
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Trash, Water, Controlled Access
- Association Fee: 342
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 342
Multi-Unit Info
School Information
- School District: Los Angeles Unified
Rental Info
Amenities and Community Features
- Community Features: Gutters
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: Corner of Broadway and W 5th St
- Source Property Type: Residential
- Inclusions: Fridge, washer and dryer.
- Area: C42 - Downtown L.A.
- Property Subtype: condo
- Source Neighborhood: C42 - Downtown L.A.
- Parcel Number: 5149002121
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 860.00
- Year Built: 1923
- Common Walls: 2+ Common Walls
- Entry Level: 9
- Entry Location: Main entrance
- Levels: One
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Property Age: 103
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 12
- Structure Type: House
- Elevation Units: Feet
Utilities
- Sewer: Public Sewer
- Water Source: Public