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312 W 5th St 323, Los Angeles, CA 90013

List Price: $569,000On Market FlagOn market
Sep 21, 2024980 sqft2 beds1 baths
Listed by: Rommy Shy
License #: 01874848
Phone #: 818-274-2655
Rommy Shy
Source:
CRMLS Logo
MLS #: SR24196696

Property Description

Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is unparalleled, situated just minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining and nightlife Downtown LA has to offer. The building has 24-hr security front desk concierge, fitness room, rooftop pool, hot tub and rooftop lounge area with panoramic views of the Downtown Los Angeles skyline. Valet parking available onsite for $300/month per space. No pet restrictions and Airbnb allowed in complex.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,161

TurboHome Estimated Value

$523,200

$534 sqft

High Valuation
$549,360
$561/sqft
Normal Valuation
$523,200
$534/sqft
Low Valuation
$497,040
$507/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$534/sqft$523,200

Neighborhood: Downtown

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Comparative Value

$399K

$450K

$505K

$545K

$569K

$694K

215 W 7th St 1004, Los Angeles, CA 90014

Sale Price: $399,000

Selected Comparable

312 W 5th St 814, Los Angeles, CA 90013

Sale Price: $450,000

Selected Comparable

460 S Spring St 412, Los Angeles, CA 90013

Sale Price: $505,000

Selected Comparable

108 W 2nd St 508, Los Angeles, CA 90012

Sale Price: $545,000

Selected Comparable

312 W 5th St 323, Los Angeles, CA 90013

List Price: $569,000

Subject Property

108 W 2nd St 907, Los Angeles, CA 90012

Sale Price: $694,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
312 W 5th St 323, Los Angeles, CA 90013

312 W 5th St 323, Los Angeles, CA 90013

List: $569,000

Listed: 9/21/2024

Area:980 sqft
Price/sqft:$581
Beds:2
Baths:1
Year Built:
Lot Size:27,285

Comparable Properties

COMPARABLE
Choose comps
215 W 7th St 1004, Los Angeles, CA 90014

215 W 7th St 1004, Los Angeles, CA 90014

Sale: $399,000

7/16/20250.22 mi

Area:780 sqft
Price/sqft:$512
Beds:2
Baths:1
Year Built:
Weight:21.9%
108 W 2nd St 508, Los Angeles, CA 90012

108 W 2nd St 508, Los Angeles, CA 90012

Sale: $545,000

2/21/20250.41 mi

Area:910 sqft
Price/sqft:$599
Beds:2
Baths:1
Year Built:
Weight:21.9%
108 W 2nd St 907, Los Angeles, CA 90012

108 W 2nd St 907, Los Angeles, CA 90012

Sale: $694,000

4/22/20250.41 mi

Area:1,250 sqft
Price/sqft:$555
Beds:2
Baths:1
Year Built:
Weight:19.2%
312 W 5th St 814, Los Angeles, CA 90013

312 W 5th St 814, Los Angeles, CA 90013

Sale: $450,000

8/22/20240.00 mi

Area:960 sqft
Price/sqft:$469
Beds:1
Baths:1
Year Built:
Weight:18.8%
460 S Spring St 412, Los Angeles, CA 90013

460 S Spring St 412, Los Angeles, CA 90013

Sale: $505,000

11/22/20240.13 mi

Area:930 sqft
Price/sqft:$543
Beds:1
Baths:1
Year Built:
Weight:18.3%

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