312 W 5th Street 719, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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Los Angeles, California 90013
This Turnkey Industrial-Chic Loft is listed at $359,000—positioned well below the $365,015 Fair Market Value by 1%. This valuation gap offers $6,015 in Instant Equity for buyers. Boasting a Condition Rating of 3, the unit comes fully furnished and is short-term rental approved, providing immediate income potential. The 1923 historic building features a rooftop pool, fitness center, and 24-hour security. Located steps from Pershing Square, this property is a high-demand asset 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 Street 719 Subject | $359,000* List Price | 1 | 1 | 650 | $562 | - |
A 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.1 mi |
B 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.5 mi |
C 400 S Broadway 917 Sold | $400,000 | 0 | 1 | 599 | $668 | 0.1 mi |
D 420 S San Pedro Street 422 Sold | $355,000 | 0 | 1 | 750 | $473 | 0.5 mi |
E 312 W 5th Street 626 Sold | $355,000 | 1 | 1 | 520 | $683 | - |
F 312 W 5th Street 705 Sold | $355,000 | 1 | 1 | 670 | $530 | - |
G 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.
The property is a turnkey, move-in-ready loft that combines historic 1923 architecture with a modern industrial-chic conversion. The kitchen is well-equipped with stainless steel appliances, stone countertops, and ample cabinetry, while the bathroom and living areas feature updated fixtures and polished flooring. Although the conversion finishes are approximately 15-20 years old, the unit is exceptionally well-maintained with no visible deferred maintenance, making it ideal for immediate occupancy or short-term rental use.
The property is short-term rental approved and comes fully furnished, making it an ideal Airbnb-ready asset with significant upside potential leading into the 2028 Olympics.
Located in the heart of Downtown LA, the unit offers unbeatable walkability to Pershing Square, Grand Central Market, and major Metro lines, ensuring high demand for both residents and travelers.
Housed in a 1923 building, the loft features high beam ceilings and original floor-to-ceiling windows that provide an authentic industrial-chic aesthetic complemented by premium rooftop amenities.
With only 650 square feet of living area, the unit may feel restrictive for long-term occupants or those requiring significant storage and multi-functional zones.
The original floor-to-ceiling windows, while visually striking, may offer limited sound insulation from the high-traffic metropolitan environment of 5th Street.
DTLA killer investment or a perfect primary! A turnkey, fully furnished property with short-term & long-term rental opportunities. Centrally located ShyBary Lofts unit. You will love the building's stunning architecture, rooftop pool, and hot tub with stunning city and mountain views. There is also a fitness center, BBQ area, and 24-hour security. The urban sanctuary comes fully furnished. The 1-bedroom loft features an airy, industrial-chic design with high beam ceilings. The spacious bedroom offers ample storage, while the modern kitchen boasts natural light, ample cabinets, generous counter space, and a dishwasher. Enjoy the sundrenched living area with ceiling-to-floor original windows. The unit has the convenience of an in-unit washer and dryer. Located next to Pershing Square, just a block from Grand Central Market and the metro, this loft offers unbeatable access to LA's best dining, shopping, and entertainment in the Arts District. Don't miss this prime opportunity to own a stylish, move-in-ready loft in the heart of Downtown LA! This building is short-term rental approved and Airbnb-ready. Get ready for the 2028 Olympics with this investment opportunity.
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 | 1,110 | 15% |
| Lot Size | 27,293 | 33,543.5 | 46% |
| Price | $359.0K | $642.5K | 19% |
| Price per sq ft | $552 | $574 | 50% |
| Built year | 1923 | 1923 | 50% |
| HOA | $314.73 | $714 | 12% |
| Days on market | 65 | 234 | 4% |
Feb 16, 2026
$359,000
Initial Listing
Mar 28, 2018
$452,000
Public Record
Dec 24, 2008
$199,000
Public Record
Oct 12, 2005
$380,000
Public Record