$384,900
$5K PRICE DROP

SB Grand 312 W 5th St Unit 705 Floor 7 Los Angeles, CA 90013

Venice Neighborhood

Estimated payment $2,836/month

Total Views 4,848
1 Bed
1 Bath
670 Sq Ft
$574 Price per Sq Ft

Highlights

  • Roof Top Pool
  • City Lights View
  • Corner Lot
  • Venice High School Rated A
  • 0.63 Acre Lot
  • High Ceiling

About This Home

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.

Listing Agent

Adam Bray-Ali

Coldwell Banker Realty License #01859026 Listed on: 08/13/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1923

Lot Details

  • Two or More Common Walls
  • No Sprinklers

HOA Fees

  • $319 Monthly HOA Fees

Property Views

  • City Lights
  • Views of a landmark
  • Park or Greenbelt

Home Design

  • Entry on the 7th floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Family Room Off Kitchen
  • Concrete Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 207305
  • Assessor Parcel Number 5149002067

Community Details

Overview

  • Master Insurance
  • 281 Units
  • Shy Barry Grand (Sb Grand) Association, Phone Number (818) 274-2655

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,712

Year Built

Built in 1923

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Owner is negotiable on all furnishings.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149002067
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 670.00 Square Feet
  • Interior Amenities: Elevator, High Ceilings
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 7
  • Levels: One
  • Price Per Square Foot: 574.48
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub, Bathtub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: No
  • View: City Lights, Park/Greenbelt, Landmark
  • Fence: No
  • Pool Features: Association, Roof Top, Above Ground, Community
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included, Washer Hookup, Stackable, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Electricity, Water, Trash, Pets Permitted, Insurance, Pet Rules, Management, Hot Water
  • Association Fee: 319.00
  • Association Fee Frequency: Monthly
  • Association Name: Shy Barry Grand (SB Grand)
  • Phone: (818) 274-2655
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers None
  • Lot Size Sq Ft: 27293.00
  • Lot Size Acres: 0.6266

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27293.0000 Square Feet
  • Number Of Units In Community: 281

Tax Info

  • Tax Lot: 1
  • Tax Tract: 54120
  • Tax Tract Number: 207305

Map

About SB Grand

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,712 $452,623 $181,050 $271,573
2024 $5,712 $443,749 $177,500 $266,249
2023 $5,587 $435,049 $174,020 $261,029
2022 $5,314 $426,519 $170,608 $255,911
2021 $5,237 $418,157 $167,263 $250,894
2019 $5,068 $405,755 $162,302 $243,453
2018 $5,053 $397,800 $159,120 $238,680
2016 $4,269 $345,072 $138,029 $207,043
2015 $4,105 $332,000 $69,900 $262,100
2014 $2,472 $190,000 $40,000 $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 Price Changed $384,900 -1.3% $574 / Sq Ft
08/13/2025 08/13/25 For Sale $390,000 0.0% $582 / Sq Ft
07/15/2016 07/15/16 Sold $390,000 -3.7% $582 / Sq Ft
04/01/2016 04/01/16 For Sale $405,000 -- $604 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $390,000 Chicago Title
Corporate Deed $311,000 Ticor Title Company Of Ca
Trustee Deed $322,460 None Available
Grant Deed $490,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $351,000 New Conventional
Previous Owner $391,920 Fannie Mae Freddie Mac
Source: Public Records

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-23696

Pasadena-Foothills Association of REALTORS®

APN: 5149-002-067

California Los Angeles County Los Angeles 90013 Venice

312 W 5th St Unit 705, Los Angeles, CA

This home is located at 312 W 5th St Unit 705, Los Angeles, CA 90013 and is currently priced at $384,900, approximately $574 per square foot. This property was built in 1923. 312 W 5th St Unit 705 is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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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Adam Bray-Ali
Listing Agent
Adam Bray-Ali
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Coldwell Banker Realty
(213) 399-1940