312 W 5th Street 1022, Los Angeles, CA 90013

About this condo

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.

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$380,000

Sold November 2024 · listed $385,000, orig. $399,000, on market August 2024 · MLS #PW24177763 · Source: CRMLS

Listing Agent: Diego Magdaleno · Listing Office: 1Vision Real Estate · Contact: 615-887-5252 · Bought with: NONE NONE · None MRML

$426,000

Sold May 2023 · listed $389,000, on market March 2023 · MLS #GD23057585 · Source: CRMLS

Listing Agent: Odette Peters · Listing Office: Coldwell Banker Hallmark · Contact: 818-281-6039 · Bought with: Zo Lakanwal · The Executive Realty Group

$455,000

Sold July 2018 · listed $475,000, on market May 2018 · MLS #18342022 · Source: CRMLS

Listing Agent: Alma Lam · Listing Office: Keller Williams Realty Los Fel · Contact: 323-300-1000 · Bought with: Nikole Adams · PLG Estates

$372,500

Sold March 2016 · orig. $385,000, on market June 2015 · MLS #15912215 · Source: CRMLS

Listing Agent: Roxanna Godinez · Listing Office: Loftway · Contact: 888-505-6387 · Bought with: Rommy Shy · Rommy Shy

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