
SB Grand 312 W 5th St Unit 705 Los Angeles, CA 90013
Venice NeighborhoodEstimated payment $2,920/month
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.
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
- 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
- Roof Top Pool
- Above Ground 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
Map
About SB Grand
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $351,000 | New Conventional | |
Previous Owner | $128,000 | Credit Line Revolving | |
Previous Owner | $391,920 | Fannie Mae Freddie Mac |
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Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-23696

APN: 5149-002-067
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