Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.
Sold for $355,000
Listed by: Coldwell Banker Realty • Adam Bray-Ali • Contact: 213-399-1940
Bought with: Coldwell Banker Realty
$355,000
312 W 5th St APT 705, Los Angeles, CA 90013
1beds
670sqft
Condominium
Built in 1923
-- sqft lot
$357,000 Zestimate®
$530/sqft
$2,115 Estimated rent
Home value
$357,000
$325,000 - $393,000
$2,115/mo
Zestimate® history
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List your homeWhat's special
Large windowsUpdated amenitiesHigh ceilingsRooftop deck and pool
Zillow last checked:
Listing updated:
Listed by:
Adam Bray-Ali DRE #01859026 213-399-1940,
Coldwell Banker Realty
Bought with:
Adam Bray-Ali, DRE #01859026
Coldwell Banker Realty
Source: CRMLS,MLS#: P1-23696
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Tub Shower
Kitchen
- Features: Granite Counters, Kitchen/Family Room Combo
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Stacked
Features
- Eat-in Kitchen, Elevator, High Ceilings, All Bedrooms Down
- Flooring: Concrete
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 670 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: 7th floor
- Patio & porch: None
- Has private pool: Yes
- Pool features: Above Ground, Association, Community, Roof Top
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City Lights, Park/Greenbelt, Landmark
Lot
- Size: 0.63 Acres
- Features: Corner Lot, Sprinklers None
Details
- Parcel number: 5149002067
- Zoning: LAC5
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: See Remarks
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks, Urban, Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Not Applicable
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Electricity, Hot Water, Insurance, Management, Pet Restrictions, Pets Allowed, Trash, Water
- HOA fee: $319 monthly
- HOA name: Shy Barry Grand (SB Grand)
- HOA phone: 818-274-2655
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $452,623
- Annual tax amount: $5,798
- Date on market: 8/14/2025
- Cumulative days on market: 77 days
- Listing terms: Cash,Cash to New Loan,VA Loan,VA No Loan,VA No No Loan
- Inclusions: Owner is negotiable on all furnishings.
- Exclusions: Some of the private property items in the loft to be determined.
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $355,000-1.4%$530/sqft |
Source:  CRMLS #P1-23696 Report a problem | ||
| 10/31/2025 | Contingent | $360,000$537/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 10/29/2025 | Price change | $360,000-6.5%$537/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 10/17/2025 | Listed for sale | $384,900$574/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 10/4/2025 | Contingent | $384,900$574/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 9/25/2025 | Price change | $384,900-1.3%$574/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 8/14/2025 | Listed for sale | $390,000-16.8%$582/sqft |
Source: CRMLS #P1-23696 Report a problem | ||
| 7/29/2025 | Listing removed | $2,499$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/27/2025 | Listed for rent | $2,499+8.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2025 | Listing removed | $2,299$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/21/2025 | Listed for rent | $2,299$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2021 | Listing removed | $469,000$700/sqft |
Source: CRISNet / SRAR #SR21005629 Report a problem | ||
| 1/10/2021 | Listed for sale | $469,000+20.3%$700/sqft |
Source: Rommy Shy #SR21005629 Report a problem | ||
| 7/15/2016 | Sold | $390,000-3.7%$582/sqft |
Source:  CLAW #16111634 Report a problem | ||
| 7/15/2016 | Listed for sale | $405,000$604/sqft |
Source: Loftway #16111634 Report a problem | ||
| 4/30/2016 | Pending sale | $405,000$604/sqft |
Source: Loftway #16111634 Report a problem | ||
| 4/2/2016 | Listed for sale | $405,000+32300%$604/sqft |
Source: Loftway #16111634 Report a problem | ||
| 2/20/2010 | Listing removed | $1,250$2/sqft |
Source: Anthony Vulin #09-412113 Report a problem | ||
| 12/5/2009 | Listed for sale | $1,250-99.6%$2/sqft |
Source: Anthony Vulin #09-412113 Report a problem | ||
| 10/26/2007 | Sold | $311,000-3.6%$464/sqft |
Source: Public Record Report a problem | ||
| 7/24/2007 | Sold | $322,460-34.2%$481/sqft |
Source: Public Record Report a problem | ||
| 11/15/2005 | Sold | $490,000$731/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,798 +1.5% | $452,623 +2% |
| 2024 | $5,712 +2.2% | $443,749 +2% |
| 2023 | $5,587 +5.1% | $435,049 +2% |
| 2022 | $5,314 +1.5% | $426,519 +2% |
| 2021 | $5,237 -0.9% | $418,157 +1% |
| 2020 | $5,282 | $413,870 +2% |
| 2019 | $5,282 +4.5% | $405,755 +2% |
| 2018 | $5,053 | $397,800 +2% |
| 2017 | $5,053 +2.9% | $390,000 +13% |
| 2016 | $4,911 +15% | $345,072 +3.9% |
| 2015 | $4,269 +72.7% | $332,000 +74.7% |
| 2014 | $2,472 | $190,000 +34.8% |
| 2012 | -- | $141,000 -1.4% |
| 2011 | -- | $143,000 -21.4% |
| 2010 | -- | $182,000 -8.9% |
| 2009 | -- | $199,700 -35.8% |
| 2008 | -- | $311,000 -37.8% |
| 2007 | -- | $499,800 +2% |
| 2006 | -- | $490,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 7/10Ninth Street SchoolGrades: K-5Distance: 0.8 mi
- 2/10John H. Liechty Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Academic Leadership Community SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$357,000
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Estimated market value
$357,000
- California
- Los Angeles County
- Los Angeles
- 90013
- Downtown
- 312 W 5th St Apartment 705
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