6 months on rocket

312 W 5th St Unit 1005, Los Angeles, CA, 90013

$459,000

Home List Price

$5,451*

Closing Credit

1 Bedroom
1 Full Bath
700 SqFt
$656/SqFt
Condo
Schools Nearby

Location

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312 W 5th St Unit 1005, Los Angeles$459,000

Buyer Closing Credits

$5,451*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1923
CoolingElectric
FireplaceNone
ViewNone
MLS #SR23214095
Lot Size0.63 Acres
StatusActive

About 312 W 5th St Unit 1005

Open floor plan loft offered for sale for the first time! Modern open loft with fantastic urban industrial character on Broadway in the Historic Core. High concrete ceilings and large original window allows for great natural light. Polished concrete floors throughout and kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups in unit and oversized soaking tub. The loft faces Pershing Square and has an incredible view of the DTLA skyline. Situated just minutes walk from The Bloc, Grand Central Market, Ralphs, Whole Foods, Staples Center/L.A. Live and the best dining and nightlife Downtown LA has to offer. The new Apple store is opening right up the street and the new Broadway Streetcar will pass right next to the building. Building has some of the lowest HOA dues in Downtown LA and 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 amazing panoramic views of the Downtown Los Angeles skyline. Valet or self parking available onsite for $300/month per space. No pet restrictions and Airbnb permitted!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 700 SqFt

Listing Office:

  • Office Name: Rommy Shy
  • Office Email: rshy.realty@gmail.com
  • Listing Agent: Rommy Shy

Interior Features

Interior Information:

  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Cooling: Electric

School Info

Assigned Schools Information:

  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • John H. Liechty Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: on 5th between Hill and Broadway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,000
  • Price Per SqFt: $656/SqFt

HOA Fees:

  • Amount: $318
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

312 W 5th St Unit 1005 vs Los Angeles

181 DAYS ON ROCKET

+147 Days

$459,000

-$527.4K Less

$656/SqFt

+$24 More

KEY TAKEAWAY

This property is $527.4K less than the Median Sold Price and $24/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR23214095

Listing Office:

  • Office Name: Rommy Shy
  • Office Email: rshy.realty@gmail.com
  • Listing Agent: Rommy Shy

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 6:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,676

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,443

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3878714
3
/10
  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-3878715
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.95 miles

  • Public Magnet Grades KG-6

school-card-donut-3878716
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.19 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3878717
4
/10
  • John H. Liechty Middle School

  • 650 S Union Ave

  • 1.14 miles

  • Public District Grades 6-8

school-card-donut-3878718
4
/10
  • Studio

  • 2211 W Avenue 30

  • 3.98 miles

  • Public District Grades 6-8

High School

school-card-donut-3878719
3
/10
  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 0.86 miles

  • Public District Grades 9-12

school-card-donut-3878720
2
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 0.86 miles

  • Public District Grades 9-12

school-card-donut-3878721
3
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 0.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,568. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 312 W 5th St Unit 1005

What is the listing price of this property?

The listing price of 312 W 5th St Unit 1005 property is $459,000.

What type of property is this?

The property 312 W 5th St Unit 1005 is a condo located in Los Angeles, California, 90013.

Is this property for sale now?

Active Listing: 312 W 5th St Unit 1005 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 312 W 5th St Unit 1005 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John H. Liechty Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 312 W 5th St Unit 1005 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 312 W 5th St Unit 1005 is 700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 312 W 5th St Unit 1005 is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90013312 W 5th St Unit 1005

This home is located at 312 W 5th St Unit 1005 in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 700 square foot home, which was built in 1923, sits on a 0.63 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $459,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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