
Los Angeles, California 90013
This historic loft at SB Lofts represents a High-Potential Investment Opportunity, listed at a List Price of $445,000—positioned well below the $431,919 Fair Market Value by -3%. Featuring authentic industrial character with soaring concrete ceilings and polished concrete floors, the unit maintains a Condition Rating of 3. With Airbnb permitted and no pet restrictions, this property offers exceptional versatility for short-term rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, amenity-rich urban residence in the heart of Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Subject | $445,000* List Price | 1 | 1 | 860 | $502 | - |
A 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.0 mi |
B 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
C 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.1 mi |
D 312 W 5th 907 Active | $420,000 List Price | 1 | 1 | 860 | $488 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1923, the loft conversion features modern systems and finishes including granite countertops, stainless steel appliances, and polished concrete floors that appear to be 15-20 years old. The unit is well-maintained, functional, and move-in ready.
The property permits Airbnb rentals and has no pet restrictions, offering rare versatility for short-term rental investors or pet owners in a high-demand urban market.
With an association fee of approximately $409, the property boasts some of the lowest HOA dues for a full-service building in Downtown Los Angeles, enhancing overall affordability.
Housed in a 1923 historic building, the loft features high-value architectural details including soaring concrete ceilings, exposed beams, and polished concrete floors that define the classic DTLA aesthetic.
Parking is not included in the purchase price or HOA, requiring residents to pay additional fees for valet or self-parking, which increases the total monthly cost of living.
The unit overlooks the building's interior courtyard rather than the city skyline, which may be a drawback for buyers specifically seeking the dramatic 'city lights' views typical of high-rise living.
Experience authentic Downtown Los Angeles loft living at its finest in this spacious 7th-floor residence at the iconic SB Lofts. Blending historic industrial architecture with modern comfort, this light-filled home features soaring concrete ceilings, exposed beams, polished concrete floors, oversized windows with custom plantation shutters, and an open floor plan that effortlessly adapts to your lifestyle. The thoughtfully designed layout offers exceptional flexibility for living, working, entertaining, or hosting guests. The kitchen is appointed with granite countertops, solid wood cabinetry, stainless steel appliances, and a breakfast bar that opens seamlessly to the main living space. The bathroom features an oversized soaking tub, in-unit washer and dryer, and generous storage. Enjoy peaceful courtyard views framed by the building's original brick architecture while still capturing the vibrant energy of Downtown LA just outside your door. Whether you're looking for a full-time residence, a stylish city retreat, or an investment opportunity, this loft delivers the ideal combination of character, convenience, and versatility. Residents enjoy amenities including 24-hour concierge and security, a rooftop pool, fitness center, rooftop lounge with panoramic skyline views, and some of the lowest HOA dues in Downtown Los Angeles. Valet and self-parking are available for an additional fee. Perfectly situated in the heart of the Historic Core, you're just moments from Grand Central Market, The Bloc, Whole Foods, Ralphs, Blue Bottle Coffee, Broadway's renowned restaurants and nightlife, and Apple Tower Theatre. With Airbnb permitted and no pet restrictions, this is a rare opportunity to own one of Downtown LA's most flexible and desirable loft residences.
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 | 860 | 1,219.385 |
| Lot Size | 27,293 | 27,236.074 |
| Price | $445.0K | $800.2K |
| Price per sq ft | $517 | $650 |
| Built year | 1923 | 1979 |
| HOA | $409.2 | $685 |
| Days on market | 25 | 72 |
Aug 15, 2026
$445,000
Initial Listing