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Bruce Kang, Broker
312 W 5th Street Unit 705, Los Angeles, CA 90013
- $355,000
- 1
- BD
- 1
- BA
- 670
- SqFt
- Sold Price
- $355,000
- List Price
- $360,000
- Status
- CLOSED
- Days on Market
- 77
- Closing Date
- Nov 18, 2025
- MLS#
- P1-23696
- Subtype
- Residential
- Style
- See Remarks
- Year Built
- 1923
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 670
- Lot Size
- 27,293
- Acres
- 0.63
- Subdivision
- Not Applicable
- Neighborhood
- Not Applicable
- MLS Area Major
- Downtown L.A. (C42)
Property Description
Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.
Additional Information
- Interior Features
- Eat-in Kitchen, Elevator, High Ceilings, All Bedrooms Down
- HOA Freqency
- Monthly
- Property Description
- See Remarks
- Zoning
- LAC5
- Flooring
- Concrete
- Appliances
- Dryer, Washer
- Heating
- Central
- Air Conditioning
- Yes
- Exterior Construction
- Concrete
- Stories
- One Level
- Levels
- One
- Pool
- Yes
- Pool Type
- Above Ground, Association, Community, Roof Top
- Parking Features
- None
- View
- City Lights, Park/Greenbelt, Landmark
Listing courtesy of Listing Agent: Adam Bray-Ali (adam@propertybyadam.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Adam Bray-Ali from Coldwell Banker Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.