NOT LISTED FOR SALE

SB Grand 312 W 5th St Unit 613 Los Angeles, CA 90013

Venice Neighborhood

Estimated Value: $315,000 - $465,000

1 Bed
1 Bath
660 Sq Ft
27,443 Sq Ft Lot

Sale Details

Date Sold: April 25, 2019

Last sale price $409,000 $620 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,497 / mo

44 Days on Market

Highlights

  • Fitness Center
  • Above Ground Pool
  • 0.63 Acre Lot
  • Venice High School Rated A
  • City Lights View
  • Security Service

About This Home

As of April 2019

Live ~ Work ~ Play DTLA. Originally built in 1923 and converted to lofts in 2004, the SB Grand is a 12 story building located at the corner of 5th and Broadway in Downtown Los Angeles. Architects Curlett and Bellman designed this Beaux Arts style building for a department store with the unambiguous name of 'The Fifth Street Store.' Loft 613 offers 660 square feet downtown living in the center of the Historic Core. Some of the features include concrete flooring, high ceilings, large windows to the South bringing abundant light, and an open plan kitchen for hosting friends and family. The bedroom area (please see the floorplan photos) is set behind the kitchen and has a privacy that is uncommon in the building. The kitchen has tiled marble counters, built-in microwave and plenty of storage space in the natural wood cabinets. The condo also offers the convenience of in-unit stackable laundry. Enjoy the sparkling rooftop pool with epic views across LA. 24-hour security guard. Broadway is undergoing a renaissance with new retail, great restaurants, and easy access to the Metro Red Line at the Pershing Square Metro Station. Blocks to Bunker Hill and a short ride-share to Staples, LA Live, the Arts District and beyond.

Last Agent to Sell the Property

Adam Bray-Ali

Coldwell Banker Realty License #01859026 Listed on: 02/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Michael Rasky

Sotheby's International Realty License #01280114

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 0.63

Home Design

  • Loft
  • Entry on the 6th floor

Interior Spaces

  • 660 Sq Ft Home
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Electric Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Above Ground Pool
  • Spa
  • Fence Around Pool

Additional Features

  • South Facing Home
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 5149002049

Community Details

Overview

  • Master Insurance
  • Shybary Grand Association, Phone Number (213) 891-1954
  • 5Th Street Lofts, Llc HOA
  • 12-Story Property

Amenities

  • Picnic Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0.63 Acres

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5149002049
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Living Area: 660.00
  • Stories: 12
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 6
  • Levels: One
  • Price Per Square Foot: 619.70
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Direction Faces: South
  • View: City Lights
  • Pool Features: Above Ground, Association, Community, Fenced
  • Pool Private: No
  • Roof: Other
  • Spa: Yes

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Appliances: Electric Cooking, Electric Cooktop
  • Heating Type: Forced Air

Condo/Co-op/Association

  • Amenities: Gym/Ex Room, Insurance, Management, Pet Rules, Picnic Area, Security
  • Association Fee Frequency: Monthly
  • Association Name: Shybary Grand
  • Phone: 213-891-1954
  • Senior Community: No
  • Association Management: 5th Street Lofts, LLC

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 27443.00
  • Lot Size Acres: 0.6300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27443.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 15, 2019
Sold by
Subhas Adam
Bought by
Cardiff John Marcus
Seller's Agent
Adam Bray-Ali
Coldwell Banker Realty
Buyer's Agent
Michael Rasky
Sotheby's International Realty
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$380,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,280
Avg. Annual Appreciation
-0.75%

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jul 21, 2014
Sold by
Rains Brad A
Bought by
Subhas Adam
Seller's Agent
Rommy Shy
Rommy Shy
Buyer's Agent
Adam Bray-Ali
Podley Properties
List Price
$330,000
Sold Price
$331,500
Premium/Discount to List
$1,500
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Feb 24, 2008
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Rains Brad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2007
Sold by
Kim Peter Gi Deok
Bought by
Countrywide Home Loans Servicing Lp and Greenwich Capital Financial Products Inc

Purchase Details

Closed on
Jul 27, 2005
Sold by
5Th St Loft Llc
Bought by
Kim Peter Gi Deok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,655
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cardiff John Marcus $409,000 Ticor Title
Subhas Adam $331,500 Provident Title Company
Rains Brad A $270,000 Landsafe Title
Countrywide Home Loans Servicing Lp $310,000 Landsafe Title
Kim Peter Gi Deok $365,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rains Brad A $256,500
Previous Owner Kim Peter Gi Deok $346,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2019 04/25/19 Sold $409,000 0.0% $620 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $409,000 +23.4% $620 / Sq Ft
08/15/2014 08/15/14 Sold $331,500 +0.5% $502 / Sq Ft View Prior Sale
07/17/2014 07/17/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $330,000 -- $500 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,749 $456,243 $121,589 $334,654
2024 $5,749 $447,298 $119,205 $328,093
2023 $5,624 $438,528 $116,868 $321,660
2022 $5,349 $429,930 $114,577 $315,353
2021 $5,272 $421,501 $112,331 $309,170
2020 $5,318 $417,180 $111,180 $306,000
2019 $620 $357,150 $71,106 $286,044
2018 $4,479 $350,148 $69,712 $280,436
2016 $4,248 $336,554 $67,006 $269,548
2015 $4,179 $331,500 $66,000 $265,500
2014 $2,554 $190,000 $40,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Bray-Ali

    Seller's Agent in 2019

    Adam Bray-Ali

    Coldwell Banker Realty

    (213) 399-1940

    5 in this area

    39 Total Sales

    Adam Bray-Ali
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Rasky

    Sotheby's International Realty

  • Rommy Shy

    Seller's Agent in 2014

    Rommy Shy

    Rommy Shy

    (818) 274-2655

    8 in this area

    15 Total Sales

    Rommy Shy
    Section Image
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About SB Grand

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000878

Pasadena-Foothills Association of REALTORS®

APN: 5149-002-049

California Los Angeles County Los Angeles 90013 Venice

312 W 5th St Unit 613, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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