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$295,000
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Property 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!
Full Property Details
Full Property Details for 312 W 5th St #1124
General
- Price: $295,000
- Status: Under Contract
- Type: Condo
- Source: CLAW
- MLS ID: 26661351
- Updated: 5/19/2026
- Added to Site: 78 day(s) ago
Rental Information
- Complex Features: Community Mailbox
Interior
- Rooms/Areas: Loft
- Furnishings: Furnished
- Flooring: Wood Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Pool, Fitness Center
- Pool: Yes
- Pool Description: Association Pool
- Security/Safety: 24 Hour
Parking
- Garage Description: Valet
Location
- Area: Downtown L.A.
- County: Los Angeles
- Complex: Shybary Grand Inc
- Driving Directions: Google Maps
Community
- Community Name: Community Mailbox
- Community Features: Community Mailbox
- Pet Restrictions: Assoc Pet Rules, Call, Pets Permitted
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- Architectural Style: High or Mid-Rise Condo
- Structure Type: Condominium
- Common Walls: Attached
- Entry Floor Number: 11
- Stories/Levels: 0
- Square Feet: 470
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 280
Lot Features
- Property View: Courtyard, City
- Lot Size (Acres): 0.6266
- Lot Size: 27293
- Lot Size Source: Vendor Enhanced
- Zoning: LAC5
Financial Considerations
- Price Per Sq. Ft.: $627.66
- Other Fee Freq.: Monthly
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5149-002-190
Listed by Modern California House, Louis Magnano
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Schools
Schools serving 312 W 5th St #1124
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ninth Street School 835 Stanford Avenue, Los Angeles, CA 90021 | K-5 | 0.9 mi |
John H. Liechty Middle School 650 South Union Avenue, Los Angeles, CA 90017 | 7-8 | 1.1 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 0.9 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.9 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.9 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.9 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.9 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 312 W 5th St #1124
Date
Details
Price
Change
Source
3/13/2026
Listed
$295,000
-14.24%
MLS
5/03/2021
Sold
$344,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 312 W 5th St #1124
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,661
2%
$372,354
4%
2023
$4,562
5%
$357,897
2%
2022
$4,341
120%
$350,880
126%
2021
$1,976
-1%
$155,017
1%
2020
$1,988
4%
$153,429
2%
2019
$1,907
—
$150,422
2%
2018
$1,898
3%
$147,473
2%
2017
$1,834
3%
$144,582
2%
2016
$1,785
2%
$141,748
2%
2015
$1,753
-1%
$139,620
2%
2014
$1,766
—
$136,886
—
2013
$1,760
—
$136,268
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 312 W 5th St #1124
312 W 5th St #1124, Los Angeles, CA 90013 (MLS# 26661351) is a Condo property with 1 bedroom and 1 full bathroom. 312 W 5th St #1124 is currently listed for $295,000 and was received on March 13, 2026. Want to learn more about 312 W 5th St #1124? Do you have questions about finding other Condo real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

