$395,000

Estimated payment $3,025/month

Total Views 11,833
1 Bed
1 Bath
650 Sq Ft
$608 Price per Sq Ft

Highlights

  • Fitness Center
  • 24-Hour Security
  • Rooftop Deck
  • Venice High School Rated A
  • In Ground Pool
  • City Lights View

About This Home

DTLA killer investment or a perfect primary! A turnkey, fully furnished property with short-term & long-term rental opportunities. Centrally located ShyBary Lofts unit. You will love the building's stunning architecture, rooftop pool, and hot tub with stunning city and mountain views. There is also a fitness center, BBQ area, and 24-hour security. The urban sanctuary comes fully furnished. The 1-bedroom loft features an airy, industrial-chic design with high beam ceilings. The spacious bedroom offers ample storage, while the modern kitchen boasts natural light, ample cabinets, generous counter space, and a dishwasher. Enjoy the sundrenched living area with ceiling-to-floor original windows. The unit has the convenience of an in-unit washer and dryer. Located next to Pershing Square, just a block from Grand Central Market and the metro, this loft offers unbeatable access to LA's best dining, shopping, and entertainment in the Arts District. Don't miss this prime opportunity to own a stylish, move-in-ready loft in the heart of Downtown LA! This building is short-term rental approved and Airbnb-ready. Get ready for the 2028 Olympics with this investment opportunity.

Listing Agent

Andrea Doi

ACME Real Estate License #02057085 Listed on: 03/12/2025

Co-Listing Agent

Timothy Maxwell

ACME Real Estate License #02149325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 1923 | Remodeled

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • Automatic Gate

Home Design

  • Turnkey

Interior Spaces

  • 650 Sq Ft Home
  • Furnished
  • High Ceiling
  • Dining Area
  • Loft
  • Concrete Flooring
  • City Lights Views
  • Security Lights

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Balcony
  • East Facing Home
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 5149-002-081

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 280 Units
  • Built by Shybury Grand
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,343

Year Built

Built in 1923 | Remodeled

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Builder Name: Shybury Grand
  • Complex Name: Shybury Grand
  • Entry Floor: 7
  • Entry Location: Elevator
  • Living Area: 650
  • Lot Acreage: 0.6266
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 11
  • Unit Floor In Building: 7
  • Year Built: 1923
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Furnished, Turnkey
  • Flooring: Stained Concrete
  • Appliances: Oven-Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven, Refrigerator
  • Inclusions: Furnishings are included.
  • Price Per S Q F T: 607.69

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: 24 Hour, Automatic Gate, Fire and Smoke Detection System, Exterior Security Lights, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Exercise Room, Fitness Center, Pool, Spa, Security
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • High Rise: Rooftop Sky Deck, On-Site Guard
  • HOA Fees: 314.73
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-002-081
  • Lot Size Area: 27293

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 280

Map

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 $6,343 $514,292 $286,729 $227,563
2024 $6,343 $504,208 $281,107 $223,101
2023 $6,204 $494,323 $275,596 $218,727
2022 $5,901 $484,632 $270,193 $214,439
2021 $5,815 $475,131 $264,896 $210,235
2019 $5,627 $461,040 $257,040 $204,000
2018 $2,897 $225,213 $112,040 $113,173
2016 $2,730 $216,470 $107,691 $108,779
2015 $2,683 $213,220 $106,074 $107,146
2014 $2,405 $185,000 $35,000 $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $395,000 -- $608 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $452,000 Old Republic Title Company
Grant Deed $199,000 First American Title Company
Trustee Deed $241,900 None Available
Grant Deed $380,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,000 New Conventional
Closed $406,800 New Conventional
Previous Owner $178,700 New Conventional
Previous Owner $179,100 Purchase Money Mortgage
Previous Owner $303,200 Balloon
Source: Public Records

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Source: The MLS

MLS Number: 25510641

The MLS

APN: 5149-002-081