
Los Angeles, California 90013
This Turnkey Loft represents a High-Potential Investment Opportunity, listed at $385,000—positioned above the $374,624 Fair Market Value. While priced slightly above market, the property offers a brand-new July 2026 renovation and an Excellent Condition Rating. Featuring soaring 16' concrete ceilings, exposed industrial elements, and short-term rental eligibility, this unit is optimized for the 2028 Olympic demand. Its prime location near Metro rail lines and DTLA landmarks ensures high occupancy potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, transit-oriented lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Street 222 Subject | $385,000* List Price | 1 | 1 | 700 | $535 | - |
A 312 W 5th Sold | $300,000 | 1 | 1 | 650 | $462 | 0.0 mi |
B 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.0 mi |
C 312 W 5th Street 519 Sold | $305,000 | 1 | 1 | 650 | $469 | 0.0 mi |
D 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
E 420 S San Pedro Street 421 Active | $335,000 List Price | 1 | 1 | 795 | $421 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a brand-new renovation in July 2026, featuring a modern two-tone kitchen with new stainless steel appliances, new DuraLux waterproof flooring, and updated interior finishes. As a turnkey unit with a renovation less than 5 years old, it meets the criteria for excellent condition.
The loft features a brand-new July 2026 renovation seamlessly blended with historic 1923 architectural elements, including soaring 16-foot concrete ceilings, exposed piping, and oversized windows that maximize natural light.
The property is offered fully furnished and explicitly permits short-term rentals and Airbnb, presenting a highly lucrative opportunity for investors looking to capitalize on the upcoming 2028 Los Angeles Olympics.
Situated in the heart of DTLA's Historic Core, the property boasts exceptional connectivity with immediate access to multiple Metro rail lines (A, B, D, and E) and major freeways, alongside high walkability to iconic local attractions.
Parking is not deeded or included with the unit; on-site garage/valet parking is available separately for an additional fee of approximately $300 per month, subject to buyer verification.
At 670 square feet, the overall footprint is relatively compact, which may limit appeal for buyers requiring extensive storage or distinct, spacious living zones despite the inclusion of a lofted flex area.
A freshly reimagined DTLA loft where historic architecture meets a brand-new July 2026 renovation. Set inside the historic SB Grand in Downtown LA's Historic Core, Unit 222 delivers the scale and industrial character of true loft living with soaring 16' concrete ceilings, exposed beams and piping, oversized original divided-light windows and an expansive open floor plan filled with natural light. The newly renovated interior features DuraLux waterproof luxury vinyl flooring, fresh paint and an updated two-tone kitchen pairing warm wood upper cabinetry with new white lower Koville cabinetry, soft-close doors and drawers, new Formica marble-look countertops and stainless-steel appliances, including a new Samsung range, dishwasher and microwave. The open living and dining area takes full advantage of the dramatic 16' ceiling height and oversized windows. A private bedroom area provides separation from the main living space, while the full bath features an oversized soaking tub and in-unit Whirlpool washer and dryer. A staircase provides access to an additional lofted flex area, adding useful bonus space and storage. Offered furnished per seller's inventory list. Originally built in 1923, SB Grand combines its historic industrial architecture with 24-hour security/front desk service, fitness center, rooftop pool and hot tub, and a rooftop lounge with panoramic Downtown skyline views. On-site garage/valet parking is available separately, currently approximately $300/month; buyer to verify availability and rate. A rare opportunity for both end users and investors, Unit 222 offers rental and short-term rental/Airbnb rights, subject to applicable rules and buyer verification. With Los Angeles preparing for the 2028 Olympic and Paralympic Games, this furnished, turnkey loft offers a compelling combination of flexibility, location and architectural character. Located at 5th and Broadway, moments from Pershing Square, Grand Central Market, the Bradbury Building and Angels Flight, with The Broad, MOCA, Walt Disney Concert Hall, Grand Park and the Broadway Theater District nearby. Pershing Square Station serves Metro's B and D Lines, while Historic Broadway Station serves the A and E Lines, providing direct rail connections across Los Angeles. Extensive bus service and convenient access to the 101, 110, 10 and 5 freeways make this one of DTLA's most connected locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,219.385 |
| Lot Size | 27,293 | 27,236.074 |
| Price | $385.0K | $800.2K |
| Price per sq ft | $550 | $650 |
| Built year | 1923 | 1979 |
| HOA | $380.81 | $685 |
| Days on market | 23 | 72 |
Aug 17, 2026
$385,000
Initial Listing
Jul 30, 2021
$400,000
Public Record