312 W 5th Street 1124
Los Angeles, CA, 90013
$295,000
MLS: 26661351
Beds
1
Baths
1
Sq Ft
470
Lot
0.63 ac
Year Built
1923
MLS #
26661351
Days on Market
31
Listed
Mar 13, 2026
Description
Prime Downtown Los Angeles Investment Opportunity, Airbnb & Short-Term Rental Approved. Iconic SB Grand Lofts (Shybary Grand), Unit 1124: a turnkey, fully furnished corner loft blending historic industrial charm with modern upgrades. This 11th-floor L-shaped open-plan unit features high ceilings, abundant natural light from a private light-well, corrugated metal ceilings, updated flooring, a sleek, modern kitchen with contemporary appliances and a dishwasher, in-unit stackable washer/dryer, extra-large soaking tub, private balcony, plus stunning panoramic rooftop views of the skyline and mountains. Resort-style amenities include a stunning rooftop pool, lounges, and BBQ areas with sweeping city and mountain vistas, a mezzanine gym, 24/7 security, and optional valet/subterranean parking (rentable, non-deeded). Steps from Pershing Square, Grand Central Market, Restaurant Row, Whole Foods, and Metro. In the heart of the Historic Core, you're surrounded by top dining, arts, entertainment, shopping, cultural venues, and quick access to Beach Cities, LAX, and major tech/entertainment hubs. HOA-approved for short-term rentals (including Airbnb), offering strong income potential amid the city's ongoing growth and the pre-2028 Olympic Games boom. Move-in ready as a stylish primary residence or high-demand investment, your urban lifestyle awaits. A great place to call home!
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Louis Magnano · Modern California House
Payment estimate
$2,349
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $29,500 · Loan: $265,500
- Principal & Interest
- $1,631
- Property tax (1.25%)
- $307
- Homeowners insurance
- $300
- Mortgage insurance
- $111
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $10,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90013 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.