312 W 5th Street 705
Los Angeles, CA 90013 • 1 Bed • 1 Bath • 670 sq.ft.

Property summary

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.

Days on market: 6

Listing updated: August 20, 2025 - 07:52:08

Property details

Property ID
P1-23696
Size
670 sq.ft.
Home Type
Residential
Year Built
1923
Property Size
0.6266 acre
Garage
0
Levels
1
Spa
None
Patio
None
Basement
No
View
City Lights, Park/Greenbelt, Landmark
Pool
Above Ground, Association, Community, Roof Top

Listed by: Adam Bray-Ali DRE #01859026 (626) 584-0050, Coldwell Banker Realty - Pasadena-Foothills

Source: Pasadena-Foothills, MLS#: PF069 Originating MLS: CRMLS

Interior information

Rooms
Bedroom
Bathrooms
1
Kitchen
Dryer, Washer
Cooling
Central Air
Heating
Central
Flooring
Concrete
Laundry
Washer Hookup, Electric Dryer Hookup, Stacked
$390,000
Property price
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Revesty savings: $22K
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-09-11 10:27:49 PST and /or other sources. 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.

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