NOT LISTED FOR SALE

315 W 5th St Unit 703 Los Angeles, CA 90013

Downtown LA Neighborhood
-- Bed
1 Bath
779 Sq Ft
0.44 Acres

Highlights

  • Fitness Center
  • 3-minute walk to Pershing Square Station
  • 19,358 Sq Ft lot
  • Heated In Ground Pool
  • City View
  • 4-minute walk to Spring Street Park

About This Home

As of May 2017

Remarks : Welcome to the Metropolitan! This historical 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, game room, fitness room, BBQ grills and laundry service. Awesome Downtown location just across from the Metro and Pershing Square. Dog friendly!

Last Agent to Rent the Property

Michael Campagna

Compass License #01954476 Listed on: 04/28/2017

Co-Listed By

Robert Carey

Compass License #01351849

Last Renter's Agent

Sufian Kassam

Loftway License #01954464

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $206,250

Year Built

  • Built in 1913

Lot Details

  • 0.44

Interior Spaces

  • 1 Full Bathroom
  • 779 Sq Ft Home
  • Loft
  • City Views
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Tile

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,150
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-026-001

Community Details

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Billiard Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$206,250

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Required: Yes
  • Security Deposit: 2150
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 779
  • Year Built: 1913
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Cement, Tile
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 2.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • View: City
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Billiard Room, Controlled Access, Exercise Room, Pool, Spa, Sun Deck
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5149-026-001
  • Geocode Override: No
  • Lot Size Area: 19358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 15, 2017
Sold by
449 S Broadway Llc
Bought by
449 S Broadway Borrower Llc
Seller's Agent
Michael Campagna
Compass
Buyer's Agent
Sufian Kassam
Loftway
Sold Price
$2,150

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:

Collateral Analytics

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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
05/11/2017 05/11/17 Rented $2,150 0.0% --
04/28/2017 04/28/17 Under Contract -- -- --
04/28/2017 04/28/17 For Rent $2,150 -- --
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

  • M

    Landlord's Agent in 2017

    Michael Campagna

    Compass

    Section Image
  • Robert Carey

    Landlord's Co-Listing Agent in 2017

    Robert Carey

    Compass

    (213) 247-1265

    1 in this area

    50 Total Sales

    Robert Carey
    Section Image

  • S

    Tenant's Agent in 2017

    Sufian Kassam

    Loftway

See All Agents

Map

Source: The MLS

MLS Number: 17-225892

The MLS

APN: 5149-026-001

California Los Angeles County Los Angeles 90013 Downtown LA

315 W 5th St Unit 703, Los Angeles, CA

This home is located at 315 W 5th St Unit 703, Los Angeles, CA 90013 since 28 April 2017. This property was built in 1913. 315 W 5th St Unit 703 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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