312 W 5th Street 1003, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
312 W 5th Street 1003
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 312 W 5th Street 1003, Los Angeles, California 90013 is currently available with a list price of $420,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the building's 1923 construction, this condo unit has undergone an extensive and recent renovation, aligning with current quality standards. The kitchen features modern quartz countertops and stainless-steel appliances, while the bathroom boasts an oversized soaking tub and stackable washer/dryer. The industrial-style living space with high ceilings, polished concrete floors, and contemporary lighting fixtures presents a virtually new interior with no visible deferred maintenance, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Centrally located in DTLA's Historic Core, offering exceptional walkability to a plethora of high-end dining, entertainment, and cultural attractions.
- Comprehensive Building Amenities
Features a full suite of luxury amenities including 24-hour security, front-desk concierge, a fitness center, rooftop pool, hot tub, and a panoramic rooftop lounge.
- Modern & Stylish Interior
The unit boasts high ceilings, an industrial-style living room, a contemporary kitchen with quartz countertops and stainless-steel appliances, and a bathroom with an oversized soaking tub and in-unit laundry.
CONSRISKS & DEFICIENCIES
- Historic Building Maintenance
As a building constructed in 1923, potential buyers may face concerns regarding the long-term maintenance and infrastructure of an older structure, despite unit renovations.
- Ongoing Association Fees
The $344 monthly association fee represents a significant recurring cost that must be factored into the total cost of ownership.
- Urban Living Environment
While a strength for many, the property's location in the dense Historic Core of DTLA inherently comes with urban challenges such as potential noise, traffic, and high population density.
About 312 W 5th Street 1003
Enjoy a stylish experience at this centrally-located place. This spacious high floor (10th floor) condo in the heart of DTLA's Historic Core has a high ceiling industrial style living room. Upon entry, this condo features views of Pershing Square and the Downtown LA skyline. The kitchen features quartz countertop and stainless-steel appliances. The bathroom offers an oversized soaking tub and stackable washer/dryer. The building provides 24-hr security, front-desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles. Located within walking distance to the Perch, Le Petit Paris, Pez Cantina, Dragon Centro, 71Above, L.A. Café, Little sister, Bottega Louie, Le Grand & etc. Furniture and electronics can be offered for sale.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 27,293 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $344.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 830 | 1,080 | 26% |
| Lot Size | 27,293 | 36,291 | 39% |
| Price | $420.0K | $610.0K | 26% |
| Price per sq ft | $506 | $595 | 26% |
| Built year | 1923 | 1923 | 50% |
| HOA | $344.0 | $689 | 13% |
| Days on market | 241 | 214 | 74% |
Pricing History
Listed for Sale
Oct 26, 2025
$420,000
$425,000
-1% Price Drop
Initial Listing
Price Change
Aug 14, 2025
$425,000
Initial Listing
Price Change
Jul 8, 2025
$449,000
Initial Listing
Sold
May 11, 2022
$410,000
Public Record
Sold
Aug 20, 2009
$199,000
Public Record
Sold
Jan 26, 2006
$470,000
Public Record