
Los Angeles, California 90013
This Modern Historic Core Loft is a premier urban residence, listed at $420,000—aligning perfectly with its $420,000 Fair Market Value. Featuring a recently remodeled kitchen with quartz countertops and soaring high ceilings, the property maintains a Good Condition Rating and is entirely move-in ready. The building’s Airbnb-friendly status and resort-style amenities, including a rooftop pool and spa with 360-degree views, offer significant income potential and lifestyle luxury. This versatile property is a top choice for urban professionals or short-term rental investors seeking a prime DTLA location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th 907 Subject | $420,000* List Price | 1 | 1 | 860 | $488 | - |
A 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.1 mi |
B 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.5 mi |
C 400 S Broadway 1012 Sold | $540,000 | 1 | 1 | 907 | $595 | 0.1 mi |
D 420 S San Pedro Street 422 Sold | $355,000 | 0 | 1 | 750 | $473 | 0.5 mi |
E 312 W 5th 1022 Active | $409,900 List Price | 1 | 1 | 670 | $612 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This loft is in good condition, offering a move-in ready experience. The kitchen has been recently remodeled with modern cabinets, quartz countertops, a stylish gold faucet, and contemporary appliances, aligning with excellent standards. The main living areas feature clean, light-colored laminate flooring and modern light fixtures. While the bathroom is clean and functional, its vanity style and tile work appear to be from an older renovation (likely 15-20 years ago), not as recent as the kitchen, preventing an 'Excellent' rating. The property benefits from a historic building with well-maintained, resort-style amenities and functional wall-mounted air conditioning. Overall, it's a well-maintained unit with significant updates, but not a full, top-to-bottom recent renovation.
Situated in the heart of Downtown LA's Historic Core, offering unparalleled access to cultural landmarks, dining, shopping, and major freeways.
Airbnb and short-term rental friendly, presenting a significant opportunity for investors seeking flexible use and cash flow.
Features resort-style amenities including a rooftop pool, spa, fitness center, 24-hour security, and concierge services.
A 1-bedroom, 1-bath unit, which may not cater to buyers requiring more living space or additional bedrooms.
Downtown living can entail exposure to urban noise, traffic, and the general density associated with a major metropolitan area.
The recurring monthly association fee of $341.68 adds to the overall cost of ownership.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 860 | 1,080 | 28% |
| Lot Size | 27,293 | 30,796 | 48% |
| Price | $420.0K | $635.0K | 28% |
| Price per sq ft | $488 | $551 | 28% |
| Built year | 1923 | 1923 | 50% |
| HOA | $341.68 | $689 | 16% |
| Days on market | 111 | 230 | 16% |
Jan 1, 2026
$420,000
Initial Listing
Jan 24, 2023
$318,000
Public Record
Sep 25, 2008
$254,000
Public Record