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312 W 5th Street 1121

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

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.

Features & Amenities

Interior

Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Laundry Room Inside
Flooring Wood
Fireplace None
Appliances Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Other Interior Features Balcony, Granite Counters, High Ceilings, Open Floorplan, Track Lighting, Unfurnished, Loft

Exterior

Stories 1
Water Source Public
POOL Community, Private, Roof Top, Association
Parking None
Air Conditioning See Remarks
Sewer Public Sewer
Disability Features None
HOA Amenities Controlled Access, Fitness Center, Fire Pit, Maintenance Grounds, Hot Water, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pets Allowed, Guard, Security, Trash, Water

Area & Lot

Status For Sale
LIVING SPACE 500 Sq.Ft.
LOT SIZE 0.63 Acres
MLS® ID SB25027271
Type Condo
Year Built 1923
Architecture Styles Modern
View Description Courtyard
School District Los Angeles Unified

Financial

SALES PRICE $365,000
HOA Fees $279/mo
Zoning LAC5

Work With Guillermo

Your home is your sanctuary. Letting go of that sanctuary can be a traumatic process. Finding a new haven can be just as daunting. Guillermo understands and his goal is to find your perfect new home that will not only suit your budget, but also give you immediate peace and protection the moment you walk through the door.

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