
Los Angeles, California 90013
This Historic Industrial Loft in DTLA’s Historic Core offers a strategic Hybrid Ownership Opportunity. Listed at $325,000, the property is positioned fairly against its $320,163 Fair Market Value, ensuring a stable acquisition in a high-demand corridor. The unit features a Move-in Ready interior with polished concrete floors, 12-foot ceilings, and a Condition Rating of 3. Located in the Los Angeles Unified district, the building offers a rooftop pool and spa and permitted Airbnb rentals for maximum flexibility. This is an ideal match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Subject | $325,000* List Price | 1 | 1 | 650 | $493 | - |
A 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.5 mi |
B 420 S San Pedro Street 422 Sold | $355,000 | 0 | 1 | 750 | $473 | 0.5 mi |
C 312 W 5th Street 705 Sold | $355,000 | 1 | 1 | 670 | $530 | - |
D 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 unit in a beautifully restored 1923 building offers a move-in ready industrial loft experience. The kitchen features modern stainless steel appliances and cabinetry, and the main living areas boast well-maintained hardwood floors. While the bathroom, with its traditional vanity and accent tile, appears slightly dated compared to the kitchen, it is clean and fully functional. The property benefits from central air/heat and in-unit laundry, indicating recent updates and good overall maintenance, requiring no immediate renovations.
Situated in the Historic Core and Gallery Row, offering immediate access to dining, shopping, entertainment, and cultural landmarks, with excellent transit options.
The building explicitly allows short-term rentals, including Airbnb, providing significant income potential and flexibility for investors or owner-occupants.
Features a beautifully restored 1920s Beaux Arts building with dramatic high ceilings, exposed concrete beams, and polished concrete floors, blending historic charm with modern urban living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 650, other record living area = 1250.
At 650 sqft, the unit offers limited living space, which may not suit buyers desiring more expansive accommodations.
Valet parking is available but comes with an 'additional fee,' representing an extra ongoing expense not covered by the association fee.
Located in the heart of Downtown Los Angeles, Unit 1109 at the historic Shybary Grand Lofts offers classic industrial loft living in one of DTLA’s most sought after buildings. This residence is set inside a beautifully restored 1920s Beaux Arts building in the Historic Core and Gallery Row, surrounded by dining, shopping, entertainment, and transit. The open concept loft features dramatic high ceilings, exposed concrete beams, and polished concrete floors, creating a true urban loft aesthetic. The kitchen is equipped with stainless steel appliances, granite or porcelain countertops, and modern cabinetry. The bathroom includes an oversized oval soaking tub, creating a relaxing retreat. Additional highlights include in unit washer and dryer, central air and heat, and high speed internet and cable. Shybary Grand Lofts amenities include a rooftop pool and spa, fitness center, optional valet parking available for an additional fee, and on site security. Short term rentals including Airbnb are currently permitted in the building, offering strong flexibility for investors and owner occupants. This location places you at the center of Downtown Los Angeles activity with world class entertainment just minutes away. Sports, concerts, and major touring events regularly take place at Crypto.com Arena, while cultural gatherings and city events are hosted throughout the year near Pershing Square. The building is near the Metro with easy access to major freeways and is walking distance to popular restaurants, theaters, parks, and cultural landmarks. Ideal for an owner occupant or investor, Unit 1109 offers historic charm, modern upgrades, and an unbeatable Downtown Los Angeles location at an accessible price point for loft living.
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 | 650 | 1,080 | 16% |
| Lot Size | 27,293 | 30,796 | 48% |
| Price | $325.0K | $635.0K | 8% |
| Price per sq ft | $500 | $551 | 32% |
| Built year | 1923 | 1923 | 50% |
| HOA | $312.99 | $689 | 12% |
| Days on market | 89 | 230 | 4% |
Jan 25, 2026
$325,000
Initial Listing
Jan 23, 2026
$320,000
Initial Listing