312 W 5th Street 519, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
312 W 5th Street 519
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 312 W 5th Street 519, Los Angeles, California 90013 is currently available with a list price of $344,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
This loft-style condo is move-in ready and well-maintained, featuring a modern aesthetic typical of Downtown LA conversions. The interior boasts polished concrete floors, high ceilings, and a functional kitchen equipped with stainless steel appliances and dark wood cabinetry. While the building dates back to 1923, the unit's systems and finishes appear to be from a professional renovation/conversion likely completed within the last 15-20 years. The bathroom and kitchen are in good condition with no immediate repairs visible, though the styling is not brand new.
PROSSTRENGTHS & OPPORTUNITIES
- Dedicated Parking
The inclusion of a dedicated garage parking space is a rare and high-value asset in Downtown Los Angeles, significantly increasing the property's convenience and resale appeal.
- Premium Building Amenities
The building features a rooftop pool with stunning city views, offering a luxury lifestyle element that is highly attractive to urban professionals and short-term rental guests.
- Investment Versatility
With its open loft-style layout and explicit potential for Airbnb usage, this property serves as a flexible opportunity for both owner-occupants and savvy investors.
CONSRISKS & DEFICIENCIES
- Significant Market Correction
The property has experienced multiple price reductions and is currently listed nearly 19% below its 2022 sale price of $425,000, reflecting a notable decline in valuation.
- Compact Living Footprint
At approximately 650 square feet, the unit offers a relatively small living area for a one-bedroom configuration, which may feel restrictive for buyers prioritizing interior space.
About 312 W 5th Street 519
Welcome to 312 W 5th St #519, Los Angeles, CA 90013 – a prime opportunity to own in the heart of Downtown LA! This stylish 1-bedroom, 1-bathroom loft-style condo offers approximately 650 sqft of comfortable living space with an open floor plan, high ceilings, and abundant natural light that creates an airy, urban feel. Potential opportunity for AIRB&B. Enjoy year-round comfort with central heating, and take in stunning city views from the building’s rooftop pool, perfect for relaxation or entertaining. The unit includes one dedicated garage parking space, a rare convenience in this highly sought-after area. Centrally located, you’ll be just steps away from schools, trendy shops, entertainment, and 5-star restaurants, making this property ideal for both owner-occupants and investors looking to take advantage of LA’s vibrant lifestyle. Don’t miss this chance to secure a home in one of the city’s most desirable urban communities—opportunities like this move quickly. Schedule a showing today and make this modern downtown retreat yours!
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
- $298.22 / 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 | 650 | 1,080 | 17% |
| Lot Size | 27,293 | 36,291 | 39% |
| Price | $344.9K | $610.0K | 4% |
| Price per sq ft | $531 | $595 | 39% |
| Built year | 1923 | 1923 | 50% |
| HOA | $298.22 | $689 | 9% |
| Days on market | 191 | 211 | 39% |
Pricing History
Listed for Sale
Jan 28, 2026
$344,900
$354,900
-3% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$354,900
$365,900
-3% Price Drop
Initial Listing
Price Change
Oct 1, 2025
$365,900
$385,000
-5% Price Drop
Initial Listing
Price Change
Aug 27, 2025
$385,000
Initial Listing
Sold
Apr 29, 2022
$425,000
Public Record
Sold
Jan 9, 2007
$385,000
Public Record