Lowest priced loft in Downtown and rental uses are allowed! Approved for VA funding (per VA website). Start your investment or homeownership journey at the SB Grand in the heart of Downtown Los Angeles. Located next to the Pershing Square Metro station and blocks away from incredible amenities, this 2nd floor loft enjoys a rare private patio, high ceilings and move-in ready condition. Property records show 1 bedroom but this is a studio type loft. The HOA fees($280/month) are among the lowest in Downtown Los Angeles and the building offers amenities including a rooftop deck and pool, gymnasium, 24 hour security at the front desk and utilities including water, water heating and services. Airbnb/Short term rentals are allowed by HOA. Proximate to USC main campus and the new UCLA Downtown campus on Spring Street.Parking available in the building for a monthly fee.
For sale
Listing Provided by:
Adam Bray-Ali DRE #01859026 213-399-1940,
Coldwell Banker Realty
$299,000
312 W 5th St APT 221, Los Angeles, CA 90013
1beds
610sqft
Est.:
Condominium
Built in 1923
-- sqft lot
$301,000 Zestimate®
$490/sqft
$280/mo HOA
What's special
Move-in ready conditionPrivate patioHigh ceilingsRooftop deck and pool
- 27 days
- on Zillow |
- 5,690 |
- 331 |
Zillow last checked: 7 hours ago
Listing updated: April 30, 2025 at 04:25am
Listing Provided by:
Adam Bray-Ali DRE #01859026 213-399-1940,
Coldwell Banker Realty
Source: CRMLS,MLS#: P1-21696
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

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Tour with a buyer’s agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Loft
Bathroom
- Features: Shower in Tub, Bathtub
Kitchen
- Features: Stone Counters, Tile Counters
Heating
- Combination, Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Microwave, Free-Standing Range, Refrigerator
- Laundry: Washer Hookup
Features
- High Ceilings, Trash Chute, Tile Counters, Ceiling Fan(s), Open Floorplan, Eating Area In Living Room
- Flooring: Tile, Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 610 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: 2nd Floor
- Patio & porch: Concrete, Slab, Enclosed, Patio
- Has private pool: Yes
- Pool features: Association, Roof Top, Above Ground
- Has spa: Yes
- Spa features: Association
- Fencing: Wrought Iron,Fenced
- Has view: Yes
- View description: None
- Park: Pershing Square
Lot
- Size: 0.63 Acres
- Features: Sprinkler System
Details
- Parcel number: 5149033048
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Other
Condition
- Turnkey
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: 220 Volts, Standard
- Sewer: Sewer Paid
- Water: Public
- Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Not Available, Electricity Connected
Community & HOA
Community
- Features: Urban
- Security: 24 Hour Security
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Gas, Water, Trash, Pest Control
- HOA fee: $280 monthly
- HOA name: Shybary Grand, Inc
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $490/sqft
- Tax assessed value: $420,309
- Annual tax amount: $5,400
- Date on market: 4/10/2025
- Inclusions: All fixtures
- Exclusions: Staging furniture
- Electric utility on property: Yes
- Road surface type: Paved
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