$499000 Price Analysis 312 W 5th St Apt 825Los Angeles, CA 90013 2 bed 1 bath 750 SqFt ($665/SqFt) 0.63 acre lot. Built 1923 Listed 2024-05-08, HOA $325, Taxes $1285 | Ⓧ USDA Ineligible due to location near Los Angeles |
Conveniently located in the SB Grand Lofts, between Broadway and Hill Street , this 1-bedroom loft style condo is exterior facing with a exceptional view facing north. Perched high above the hustle and bustle of 5th St., this loft offers tiled flooring and an open ceiling area to create the ambience of Downtown living and the unit is quiet as it shares a wall with 1 other unit. The unit features large windows offering lots of natural light and a kitchen with stainless steel appliances. The unit has private stackable washer/dryer hookups.
The location is unparalleled, situated minutes walk from The Bloc, Grand Central market, Ralphs, Whole Foods and the best dining, shopping and nightlife Downtown LA has to offer. The building has some of the lowest HOA dues in Downtown LA nd you get incredible value for what you pay; 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 or self parking available onsite. No pet restrictions and Airbnb/short term rentals permitted. Great investment for anyone looking for upside potential in the next few years as property values increase downtown. Building is currently undergoing cosmetic facelift with no special assessment or increase in HOA dues required.
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Property MLS #SR23078056 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $61991 + $17332 $79323 | $1285 |
2021 | $60776 + $16993 $77769 | $1253 |
2020 | $60153 + $16819 $76972 | $1255 |
2019 | $58974 + $16490 $75464 | $1205 |
2018 | $57818 + $16167 $73985 | $1195 |
2017 | $56685 + $15850 $72535 | $1136 |
2016 | $55574 + $15540 $71114 | $1099 |
2015 | $54740 + $15307 $70047 | $1077 |
2014 | $53668 + $15008 $68676 | $1090 |
2013 | $53426 + $14941 $68367 | $1084 |
2012 | $52379 + $14649 $67028 | $1097 |
2010 | $51352 + $14362 $65714 | $1079 |
2009 | $51091 + $14289 $65380 | $1036 |
2009 | $50969 + $14255 $65224 | $1036 |
2008 | $50090 + $14009 $64099 | $993 |
2007 | $49108 + $13735 $62843 | $884 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.