312 W 5th Street 1205, Los Angeles, California 90013, Los Angeles, 90013 - 3 bed, 2 bath

312 W 5th Street 1205
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 312 W 5th Street 1205, Los Angeles, California 90013 is currently available with a list price of $1,799,000. 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.
This luxury penthouse has undergone an extensive high-end renovation, featuring Venetian plaster walls, hardwood flooring, and a marble master bathroom. The kitchen is equipped with modern stainless steel appliances and contemporary cabinetry. Despite the building's 1923 construction date, the unit presents as a modern, move-in-ready residence with premium fixtures and a massive, well-maintained 3,000 sqft private terrace.
PROSSTRENGTHS & OPPORTUNITIES
- Massive Private Outdoor Space
The penthouse features an extraordinary 3,000 square feet of private multi-level terraces, including a private jacuzzi and 360-degree panoramic views of the Downtown Los Angeles skyline.
- Exceptional Value and Low HOA
At $367 per month, the property boasts some of the lowest HOA dues in Downtown LA while still providing 24-hour security, a fitness room, and a rooftop pool.
- Prime Walkable Location
Situated in the heart of DTLA, the property is minutes away from premier dining and shopping destinations like Grand Central Market, The Bloc, Whole Foods, and Ralphs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2052, other record living area = 1940. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- Limited Bathroom Count
For a luxury three-bedroom penthouse exceeding 2,000 square feet, having only two bathrooms may be a drawback for families or those who frequently host guests.
- Historic Building Infrastructure
Built in 1923, the property may lack the modern energy efficiency and updated utility systems found in newer luxury high-rise developments.
About 312 W 5th Street 1205
Offered for sale for the first time ever, the ultimate Penthouse at the SB Grand. At just over 2,000 square feet, this 3 bedroom, 2 bath unit is the crown jewel of the building. The unit features soaring ceilings, Venetian plaster walls, hardwood floors, expansive living and dining areas, and a huge master suite and marble bathroom. All 3 bedrooms have built in closets, with 2 that are walk-in. The property boasts 2 levels of private patio terraces, altogether about 3,000 square feet of private outdoor space and a private jacuzzi hot tub. The lower rooftop features South and Southwest views, and the upper rooftop has 360 degree Downtown views. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining and nightlife Downtown LA has to offer. The building has some of the lowest HOA dues in Downtown LA and you get incredible value for what you pay; 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite. No pet restrictions. Great investment for anyone looking for upside potential in the next few years as property values increase downtown. Offered Fully Furnished. Long-term parking covenant available.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 27,285 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $367.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 96% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 2,052 | 1,140 | 91% |
| Lot Size | 27,285 | 36,291 | 26% |
| Price | $1.80M | $650.0K | 96% |
| Price per sq ft | $877 | $605 | 96% |
| Built year | 1923 | 1923 | 50% |
| HOA | $367.0 | $689 | 13% |
| Days on market | 4 | 211 | 4% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,799,000
Initial Listing





