Live the best DTLA life at Shybary Grand Lofts located at the corner of 5th and Broadway and across Pershing Square. Short-term rentals like Airbnb are permitted at the 1920's Beaux-Arts architecture style building making it an even greater investment! Low monthly HOA of $279! This studio loft on the 11th floor (2nd to highest floor) features soaring 15-foot ceilings with exposed beams, a full-sized bathroom, stainless steel appliances, and a private balcony. Studio 1121 includes a washer/dryer combo, refrigerator, dishwasher, electric stove/oven, microwave, and an oversized oval bathtub. 24-hour security/front desk concierge, rooftop plunge pool and hot tub, outdoor dining with gas grills + fire pits, gym, and a rooftop lounge area with amazing panoramic views of the DTLA skyline. Nestled in a prime location in Downtown LA, this property stands out with flexible rental options and some of the lowest HOA fees in the area, making it a rare gem for investors. With major worldwide events like the Olympics and World Cup on the horizon, its proximity to Crypto.com Arena, LA Live, and the Arts District Building ensures strong support for short-term rentals on platforms like Airbnb, Vrbo, Booking.com, and more. A short walk from the famous Grand Central Market, Metro Station, The Last Bookstore, Pershing Square, Perch LA, Bunker Hill, LA Live, 7th & Fig, Whole Foods, the Bloc, Big Man Bakes, PI LA, Kazunori, Bar Ama, Alamo Drafthouse and the best dining, shopping and nightlife DTLA has to offer. The building is VA-approved for VA financing.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Bathtub, Shower, Shower in Tub
Interior Features
- Balcony
- Granite Counters
- High Ceilings
- Living Room Balcony
- Open Floorplan
- Track Lighting
- Unfurnished
- Flooring: Wood
Appliances
- Kitchen Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Appliances YN: Yes
- Laundry Features: Dryer Included, Inside, Washer Included
Other Rooms
Kitchen and Dining
- Kitchen Features: Granite Counters
Pool and Spa
- Pool Features: Private, Community, Roof Top
- Pool Private: Yes
Land Info
- Lot Size Acres: 0.6266
- Lot Size Source: Assessor
- Lot Size Square Feet: 27293
Home Features
Homeowners Association
- Association Amenities: Pool, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Management, Guard, Security, Controlled Access, Hot Water
- Association Fee: 279
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 279
Multi-Unit Info
School Information
- School District: Los Angeles Unified
Amenities and Community Features
- Community Features: Street Lights, Urban
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: 5th and Broadway
- Source Property Type: Residential
- Inclusions: Washer/dryer combo, refrigerator, dishwasher, eletric stove/oven, and microwave
- Area: C42 - Downtown L.A.
- Property Subtype: condo
- Source Neighborhood: C42 - Downtown L.A.
- Parcel Number: 5149002187
- Postal Code Plus 4: 1755
- Zoning: LAC5
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 500
- Year Built: 1923
- Common Walls: 2+ Common Walls
- Entry Level: 11
- Living Area Source: Assessor
- Property Age: 102
- Property Attached: Yes
- Property Condition: Updated/Remodeled
- Levels or Stories: One
- Structure Type: House
- House Style: Modern
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public