312 W 5th Street 606, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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Los Angeles, California 90013
This Modernized Historic Loft is listed at $427,000, offering a stable acquisition price aligned with its $424,891 Fair Market Value. Boasting a Condition Rating of 3, the residence features brand new wide plank flooring and quartz kitchen surfaces, ensuring a turnkey transition. The property’s versatile Live/Work zoning and luxury building amenities—including a rooftop pool and spa—provide a high-quality urban lifestyle in the Historic Core. Located steps from the Metro and Grand Central Market, this is a premier opportunity for Owner-Occupants or creative professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Street 606 Subject | $419,000* List Price | 1 | 1 | 800 | $503 | - |
A 312 W 5th Street 519 Sold | $305,000 | 1 | 1 | 650 | $469 | 0.0 mi |
B 312 W 5th Street 705 Sold | $355,000 | 1 | 1 | 670 | $530 | 0.0 mi |
C 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.1 mi |
D 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.5 mi |
E 420 S San Pedro Street 422 Sold | $355,000 | 0 | 1 | 750 | $473 | 0.5 mi |
F 400 S Broadway 1012 Sold | $540,000 | 1 | 1 | 907 | $595 | 0.1 mi |
G 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.
The property is move-in ready and has undergone significant recent aesthetic updates, including brand new wide plank flooring throughout and new quartz countertops and backsplashes in the kitchen. While the building is a historic 1923 structure, the unit features modern conveniences like an in-unit washer/dryer and updated stainless steel appliances. The bathroom shows signs of an older renovation (tile work and vanity style), which prevents an 'excellent' rating, but the overall condition is well-maintained and contemporary.
Situated in the heart of the Historic Core, the property offers unparalleled access to DTLA landmarks like Grand Central Market, Perch, and the Metro Redline station.
The flexible zoning allows for both residential and business use, providing a unique opportunity for entrepreneurs or creative professionals to operate a business from home.
The unit features brand new wide plank flooring and quartz kitchen surfaces, offering a contemporary, move-in-ready interior within a charming 1923 historic building.
The specific unit view is restricted to the courtyard, which may be a drawback for buyers seeking the expansive city skyline vistas often associated with downtown loft living.
Being a century-old structure, the property may lack the advanced soundproofing and modern utility efficiencies found in newer luxury residential developments.
800sf loft in the heart of Downtown LA. Live/Work building, office or business use OK. The expansive space is bright and airy with large windows, 12 ft. ceilings. Brand new wide plank flooring. An open floor plan kitchen w/ new quartz kitchen countertops, an expanded breakfast area plus quartz backsplash. New dishwasher & microwave. Washer and dryer in unit. A private bedroom area away from the living area, and private balcony. Secured building amenities include 24 hours doorman, a rooftop pool & spa with panoramic city views, fitness center, and common areas. No need to drive, walk to the best of DTLA: in the heart of the Historic Core, right on 5th and Broadway, next to Perch, Last Bookstore, 2 blocks from Grand Central Market. Stroll to the Ace Hotel, restaurants, bars and lounges. Next to Pershing Square, the Metro Redline Station is right at building. Don't miss this opportunity to live-work and play in Downtown LA.
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 | 800 | 1,080 | 24% |
| Lot Size | 27,293 | 30,796 | 48% |
| Price | $419.0K | $635.0K | 28% |
| Price per sq ft | $524 | $551 | 44% |
| Built year | 1923 | 1923 | 50% |
| HOA | $330.0 | $689 | 16% |
| Days on market | 24 | 230 | 4% |
Apr 17, 2026
$419,000
$427,000
-2% Price Drop
Initial Listing
Mar 29, 2026
$427,000
Initial Listing
Mar 10, 2020
$430,000
Public Record
Jun 1, 2007
$338,000
Public Record