RENTED APR 30, 2025

315 W 5th St Unit 511 Los Angeles, CA 90013

Downtown LA Neighborhood
2 Beds
2 Baths
1,254 Sq Ft
0.44 Acres

Highlights

  • Fitness Center
  • 3-minute walk to Pershing Square Station
  • City View
  • 24-Hour Security
  • Heated In Ground Pool
  • 4-minute walk to Spring Street Park

About This Home

As of April 2025

Welcome to the historical Metropolitan lofts! This building was designed by renowned architect John Parkinson (Union Station, City Hall, The Coliseum) in 1913. Previously The Los Angeles Public Library, this building is considered one of the finest examples of Beaux Arts Style buildings in S. California. The units retain sought-after character in a glorious building with amenities such as controlled access, roof deck with pool, spa & dog run, game room, fitness room, BBQ grills, and laundry service. Awesome Downtown location just across from the Metro Train and Pershing Square. Dog friendly! Pictures and staging may not be representative of the exact unit for lease. Offsite parking is available across the street.

Last Agent to Rent the Property

Robert Carey

Compass License #01351849 Listed on: 03/30/2025

Compass

Last Renter's Agent

Robert Carey

Compass License #01351849 Listed on: 03/30/2025

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $206,250

Year Built

  • Built in 1913

Lot Details

  • Gated Home
  • Historic Home

Interior Spaces

  • 1,254 Sq Ft Home
  • Loft
  • City Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,850
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-026-001

Community Details

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Overview

  • 10-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$206,250

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Credit Report Amount: 50.00
  • Security Deposit: 2850
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1254
  • Stories: 10
  • Year Built: 1913
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement, Tile
  • Appliances: Microwave, Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 2.27

Exterior Features

  • Other Features: Historical
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: City
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: 24 Hour, Guarded, Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Extra Storage, Onsite Property Management, Outdoor Cooking Area, Pool, Security, Spa, Sun Deck
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5149-026-001
  • Lot Size Area: 19358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2017
Sold by
449 S Broadway Llc
Bought by
449 S Broadway Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,750,000
Outstanding Balance
$26,436,707
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 1996
Sold by
Bay Estates Inc
Bought by
449 S Broadway Llc

Purchase Details

Closed on
Dec 12, 1994
Sold by
Metropolitan Associates
Bought by
Bay Estates Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
449 S Broadway Borrower Llc -- First American Title Ins Co
449 S Broadway Llc -- --
Bay Estates Inc -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 449 S Broadway Borrower Llc $31,750,000
Previous Owner 449 S Broadway Llc $5,545,000
Previous Owner 449 S Broadway Llc $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Rented $2,850 0.0% --
03/30/2025 03/30/25 For Rent $2,850 +21.3% --
10/14/2019 10/14/19 Rented $2,350 0.0% --
10/11/2019 10/11/19 Price Changed $2,350 -15.3% $2 / Sq Ft
09/14/2019 09/14/19 Price Changed $2,775 -0.9% $2 / Sq Ft
08/05/2019 08/05/19 For Rent $2,800 -- --
Source: The MLS

Tax History Compared to Growth

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 $206,250 $13,406,156 $2,658,050 $10,748,106
2024 $206,250 $13,143,291 $2,605,932 $10,537,359
2023 $200,765 $12,885,581 $2,554,836 $10,330,745
2022 $190,539 $12,632,924 $2,504,742 $10,128,182
2021 $186,366 $12,385,221 $2,455,630 $9,929,591
2019 $179,718 $12,158,402 $2,382,796 $9,775,606
2018 $177,200 $11,848,803 $2,336,075 $9,512,728
2016 $160,124 $10,936,102 $2,168,314 $8,767,788
2015 $162,214 $10,936,102 $2,168,314 $8,767,788
2014 $163,538 $10,936,102 $2,168,314 $8,767,788
Source: Public Records

Agents Affiliated with this Home

  • Robert Carey

    Landlord's Agent in 2025

    Robert Carey

    Compass

    (213) 247-1265

    1 in this area

    50 Total Sales

    Robert Carey
    Section Image
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Map

Source: The MLS

MLS Number: 25518411

The MLS

APN: 5149-026-001

California Los Angeles County Los Angeles 90013 Downtown LA

315 W 5th St Unit 511, Los Angeles, CA

This home is located at 315 W 5th St Unit 511, Los Angeles, CA 90013 since 30 March 2025. This property was built in 1913. 315 W 5th St Unit 511 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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