$365,000
1 Bed
1 Bath
500
0.63 Acre Lot

312 W 5th Street 1121, Los Angeles, California 90013

  • Residential Property Type
  • 500 Square Footage
  • None Cars Garage
  • 1923 Year 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.

Basic Details
Residential
For Sale
SB25027271
$365,000
Courtyard
1
1
500
1923
0.63 Acre
Active
1
1
Condominium
Features
: Community, Private, Association, Roof Top
: See Remarks
: None
: None
: Modern
: Wood
: Granite Counters, High Ceilings, Open Floorplan, Loft, Balcony, Unfurnished, Track Lighting
: Inside
1
: Public Sewer
$0
Appliances
: Dishwasher, Gas Oven, Gas Range, Microwave, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90013
5th
312
Street
W119° 44' 55.5''
N34° 2' 52.9''
5th and Broadway
C42 - Downtown L.A.
W
1121
LAC5
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: None
Controlled Access,Fitness Center,Fire Pit,Maintenance Grounds,Hot Water,Management,Outdoor Cooking Area,Barbecue,Picnic Area,Pool,Pets Allowed,Guard,Security,Trash,Water
: Street Lights, Urban, Pool
11
: One
261
2025-02-06
1
: Public
Broker/Agent Information
West Shores Realty, Inc.
Merilyn Montes
Financial
279.09
Monthly
: Sewer
Listing Information
sbmontmer
sb1301220
Cash,Cash to Existing Loan,Cash to New Loan,Contract,1031 Exchange,Submit,VA Loan
Active
2025-04-26T03:42:49Z
CRMLS
: Standard
2025-04-25T20:24:51Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069