312 W 5th Street 304, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 1 bath
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312 W 5th Street 304
Los Angeles, California 90013
ACTIVE
CONDITION: GOOD
2Beds
1Baths
740Sq Ft
27,285Lot Size
Property Price
LIST PRICE$369,000
EST. MARKET VALUE
$372,067
SUMMARY
This High-Potential Investment Opportunity is a 2-bedroom historic loft listed at a List Price of $369,000—positioned well below the $372,067 Fair Market Value by 0.82%. This valuation gap offers $3,067 in Instant Equity. Featuring a Condition Rating of 3, the unit includes updated laminate flooring and stainless steel appliances. With its prime DTLA location and rooftop pool/spa, this property is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready urban residence.
Estimated Market Value
$372,067
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Street 304 Subject 2 bd · 1 ba · 740 sqft · $503 | $369,000* List Price | 2 | 1 | 740 | $503 | - |
A 312 W 5th Sold 1 bd · 1 ba · 650 sqft · $462 · 0.0 mi | $300,000 | 1 | 1 | 650 | $462 | 0.0 mi |
B 312 W 5th Street 519 Sold 1 bd · 1 ba · 650 sqft · $469 · 0.0 mi | $305,000 | 1 | 1 | 650 | $469 | 0.0 mi |
C 312 W 5th Street 719 Sold 1 bd · 1 ba · 650 sqft · $554 · 0.0 mi | $360,000 | 1 | 1 | 650 | $554 | 0.0 mi |
D 460 S Spring Street 1013 Sold 2 bd · 2 ba · 860 sqft · $512 · 0.1 mi | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
E 420 S San Pedro Street 628 Active 1 bd · 1 ba · 707 sqft · $509 · 0.5 mi | $359,900 List Price | 1 | 1 | 707 | $509 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is a well-maintained historic loft conversion that is move-in ready. While the building dates to 1923, the interior features updated laminate flooring and a functional kitchen with stainless steel appliances and stone countertops consistent with a 10-20 year old renovation. Systems appear functional with the inclusion of in-unit laundry and CitiQuiet windows.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Downtown LA directly across from Pershing Square, the property offers exceptional walkability to the Metro, Grand Central Market, and major entertainment hubs like LA Live.
- Investment Versatility
The unit provides significant flexibility for investors, supporting both traditional long-term leasing and short-term rental strategies in a high-demand urban market.
- Comprehensive Building Amenities
Residents have access to premium lifestyle features including a 24-hour concierge, fitness center, and a rooftop deck with a pool and spa offering 360-degree skyline views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Compact Living Space
With only 740 square feet allocated for a two-bedroom configuration, the layout may feel restrictive for buyers seeking spacious individual rooms.
- Additional Parking Costs
Parking is not included in the list price or the monthly HOA fee, requiring an additional recurring expense that increases the total cost of ownership.
About 312 W 5th Street 304
We are pleased to present Unit 304 at the historic SB Grand Lofts, located in the heart of Downtown Los Angeles. This approximately 740 SF, 2 bedroom, 1 bath loft offers high ceilings, great natural light, updated laminate flooring, a private balcony, and CitiQuiet windows in the second bedroom with views toward Pershing Square and the Downtown skyline. The kitchen features stainless steel appliances, ample cabinetry, and a breakfast bar. The spacious bathroom includes an oversized soaking tub, shower, and an in-unit washer and dryer. Residents enjoy a rooftop deck with 360-degree city views, pool and spa, fitness center, 24-hour lobby security/concierge, and in-building parking available for an additional fee. Set directly across from Pershing Square and just steps from Metro access, the property is close to Grand Central Market, Spring Street, Grand Park, Little Tokyo, LA Live, Crypto.com Arena, restaurants, nightlife, and many of Downtown’s cultural destinations. A great opportunity for an owner-user or investor seeking a true DTLA loft with a spacious layout, skyline views, and a prime central location. The property also offers added flexibility for investors considering either a traditional rental or short-term rental strategy.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 27,285 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $263.23 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 740 | 1,252.996 |
| Lot Size | 27,285 | 26,029.603 |
| Price | $369.0K | $778.5K |
| Price per sq ft | $499 | $629 |
| Built year | 1923 | 1981 |
| HOA | $263.23 | $676 |
| Days on market | 33 | 74 |
Pricing History
Listed for Sale
Oct 7, 2026
$369,000
Initial Listing
Sold
Aug 4, 2014
$355,000
Public Record
Sold
Jun 26, 2009
$180,000
Public Record
Sold
Jun 16, 2006
$557,000
Public Record