312 W 5Th Street, #1121

Los Angeles, CA 90013

$365,000

List Price

1

bed Beds

1

shower Baths

500 sqft

straighten / sqft

1923

calendar_month Built

Property Description

Live the best DTLA life at Shybary Grand Lofts located at the corner of 5th and Broadway and across Pershing Square. Short-term rentals like Airbnb are permitted at the 1920's Beaux-Arts architecture style building making it an even greater investment! Low monthly HOA of $279! This studio loft on the 11th floor (2nd to highest floor) features soaring 15-foot ceilings with exposed beams, a full-sized bathroom, stainless steel appliances, and a private balcony. Studio 1121 includes a washer/dryer combo, refrigerator, dishwasher, electric stove/oven, microwave, and an oversized oval bathtub. 24-hour security/front desk concierge, rooftop plunge pool and hot tub, outdoor dining with gas grills + fire pits, gym, and a rooftop lounge area with amazing panoramic views of the DTLA skyline. Nestled in a prime location in Downtown LA, this property stands out with flexible rental options and some of the lowest HOA fees in the area, making it a rare gem for investors. With major worldwide events like the Olympics and World Cup on the horizon, its proximity to Crypto.com Arena, LA Live, and the Arts District Building ensures strong support for short-term rentals on platforms like Airbnb, Vrbo, Booking.com, and more. A short walk from the famous Grand Central Market, Metro Station, The Last Bookstore, Pershing Square, Perch LA, Bunker Hill, LA Live, 7th & Fig, Whole Foods, the Bloc, Big Man Bakes, PI LA, Kazunori, Bar Ama, Alamo Drafthouse and the best dining, shopping and nightlife DTLA has to offer. The building is VA-approved for VA financing.

Listing Information

List Price $365,000
Status Active
MLS SB25027271
HOA $279
Type Residential
Subtype Condominium
Year Built 1923
Lot Size 27,293
Structure Size 500
DOM 26
Courtesy Of West Shores Realty, Inc.
Listing Agent Merilyn Montes DRE#01993228

Interior Features

Laundry Information
Location(s) Inside
Kitchen Information
Features Granite Counters
Total Bedroom
Bedrooms 1
Bathroom Information
Features Bathtub, Separate Shower, Tub Shower
Total Bathroom
Bathrooms 1
Flooring Information
Material Wood
Fireplace Information
Features None
Additional Information
Additional Features Balcony, Granite Counters, High Ceilings, Open Floorplan, Track Lighting, Unfurnished, Loft
Cooling Type
Cooling Type See Remarks

Exterior Information

Other Structures
Views Courtyard

Maps

home_work Nearby Properties

Listing information courtesy of: Merilyn Montes, West Shores Realty, Inc. 310-737-8286. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 5th, 2025 at 2:08 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.