Under ContractCondominium

312 W 5th Street 719

Los Angeles, CA, 90013

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$359,000

MLS: 26652565

Beds

1

Baths

1

Sq Ft

650

Lot

0.63 ac

Year Built

1923

MLS #

26652565

Days on Market

38

Listed

Feb 16, 2026

Description

DTLA killer investment or a perfect primary! A turnkey, fully furnished property with short-term & long-term rental opportunities. Centrally located ShyBary Lofts unit. You will love the building's stunning architecture, rooftop pool, and hot tub with stunning city and mountain views. There is also a fitness center, BBQ area, and 24-hour security. The urban sanctuary comes fully furnished. The 1-bedroom loft features an airy, industrial-chic design with high beam ceilings. The spacious bedroom offers ample storage, while the modern kitchen boasts natural light, ample cabinets, generous counter space, and a dishwasher. Enjoy the sundrenched living area with ceiling-to-floor original windows. The unit has the convenience of an in-unit washer and dryer. Located next to Pershing Square, just a block from Grand Central Market and the metro, this loft offers unbeatable access to LA's best dining, shopping, and entertainment in the Arts District. Don't miss this prime opportunity to own a stylish, move-in-ready loft in the heart of Downtown LA! This building is short-term rental approved and Airbnb-ready. Get ready for the 2028 Olympics with this investment opportunity.

Location

Los Angeles, Los Angeles County, CA 90013

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Listed by: Andrea Doi · ACME Real Estate

Payment estimate

$2,794

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $35,900 · Loan: $323,100

%
Principal & Interest
$1,985
Property tax (1.25%)
$374
Homeowners insurance
$300
Mortgage insurance
$135
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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 $12,565 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.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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