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Shy Barry Grand Lofts Unit 705 for Sale in Downtown Los Angeles Historic Core Presented by DLXco

Listing Status:

Last updated: 2025/02/17

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Shy Barry Grand Lofts Unit No: 705

312 W 5th St

Los Angeles, CA 90013

Offerred At: £335,400

HOA Dues: £257/Month

List Date:2024/11/06

List Price/SQM: £5,387.95

Days on Market: 74

Bedrooms: 1

Baths: 1

SQM: 62.25

Pet Friendly: Yes

Laundry: Laundry Closet Stacked,Stackable W/D Hookup

Parking Space(s): 0

Mills Act: No

Live Work: Yes

*Currency conversion is based on exchange rate of £0.78 for each $1 USD as of 2024/06/13 12:59:04 GMT - 06:00/07:00 Mountain Time (US & Canada).

Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Average revenues in prior years approaching $50,000 per year. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.

Constructed: Aleck Curlett - 1921

Modernized: Barry Shy - 2004

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Listing courtesy of Adam Bray-Ali from Coldwell Banker Realty

Photos courtesy of CLAW MLS

Information deemed accurate but is not gauranteed. (Disclaimer)

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