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Updated 5+ Days Ago

Highlights

  • Controlled access
  • Rooftop deck
  • Bbq grills
  • Modern comfort
  • Refreshing pool
  • Downtown location

Location

315 W 5th St, Los Angeles, CA 90013, USA|Downtown Los Angeles
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Property Overview

The Metropolitan offers strong value, standout amenities, and a convenient downtown location, with an 8.8 Zumper expert rating and top marks for price and amenities. It features controlled access, a rooftop deck, BBQ grills, a pool, and modern comfort, and it is noted for fitness and wellness as well as social life thanks to nearby sports facilities, parks, public spaces, and restaurants.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • High school nearby
  • Elevator

Great for

  • Social life
  • Wellness

Floor plans

0BR/1.0BAStudio1 bath779 sqftWelcome to the Metropolitan Lofts, a historical gem designed by renowned architect John Parkinson in 1913. This stunning building, formerly The Los Angeles Public Library, showcases the impeccable Beaux Arts Style, making it one of Southern California's finest examples of architectural excellence. Within these sought-after units, you'll find an irresistible blend of timeless charm and modern comfort. The Metropolitan lofts offer a range of exceptional amenities, including controlled access for your peace of mind, a rooftop deck complete with a refreshing pool, a relaxing spa, and a dedicated dog run. There's also a vibrant game room, a well-equipped fitness room, BBQ grills for delightful outdoor gatherings, and even a convenient laundry service. Situated in the heart of Downtown, this location is simply unbeatable. Just steps away from the Metro and Pershing Square, you'll have easy access to all the vibrant energy and excitement the city has to offer. And don't worry, your furry friends are welcome here too! While there is no onsite parking, there are plenty of nearby options to accommodate your needs. Come discover the Metropolitan lofts and experience the perfect harmony of historical charm and modern amenities in the heart of the city. Pictures may not be representative of the exact unit.
1BR/1.0BA1 bed1 bath691+ sqftWelcome to the Metropolitan Lofts, a historical gem designed by renowned architect John Parkinson in 1913. This stunning building, formerly The Los Angeles Public Library, showcases the impeccable Beaux Arts Style, making it one of Southern California's finest examples of architectural excellence. Within these sought-after units, you'll find an irresistible blend of timeless charm and modern comfort. The Metropolitan lofts offer a range of exceptional amenities, including controlled access for your peace of mind, a rooftop deck complete with a refreshing pool, a relaxing spa, and a dedicated dog run. There's also a vibrant game room, a well-equipped fitness room, BBQ grills for delightful outdoor gatherings, and even a convenient laundry service. Situated in the heart of Downtown, this location is simply unbeatable. Just steps away from the Metro and Pershing Square, you'll have easy access to all the vibrant energy and excitement the city has to offer. And don't worry, your furry friends are welcome here too! While there is no onsite parking, there are plenty of nearby options to accommodate your needs. Come discover the Metropolitan lofts and experience the perfect harmony of historic charm and modern amenities in the heart of the city. Pictures may not be representative of the exact unit. Offsite parking is available across the street for $100 per month.
2BR/2.0BA2 bed2 bath827 sqft

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Congress North • 1106 Leighton Ave

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AVA Little Tokyo

Our team has verified this company

Historic Cultural • 236 S Los Angeles St

Studio–2 Beds

$2,660–$3,380

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Heritage 2353

Our team has verified this company

Congress North • 2353 Portland St

Studio–1 Bed

$1,965–$2,164

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
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AVA Arts District

Our team has verified this company

Historic Cultural • 1540 E Industrial St

Studio–2 Beds

$2,235–$3,410

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Heritage 631

Our team has verified this company

Congress North • 631 W 30th St

1 Bed

$2,064

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
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AVEN

Our team has verified this company

Downtown Los Angeles • 1120 S Grand Ave

Studio–2 Beds

$2,434–$10,896

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
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University Gateway

Our team has verified this company

Congress North • 3335 S Figueroa St

1 Bed

$1,674

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
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RiverFront live - Work Lofts

Our team has verified this company

Historic Cultural • 201 S Santa Fe Ave

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$2,695

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Congress North • 1106 Leighton Ave

2 Beds

$1,995

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Rent trends in Downtown Los Angeles

Median rents as of Oct 24 2026.
Downtown Los Angeles
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
November 2024$1,818
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
May 2026$1,650
June 2026$1,651
July 2026$1,650
August 2026$1,650
September 2026$1,650
October 2026$1,649
A table of studio rental data trends in Downtown Los Angeles
MonthMedian Rent
November 2024$2,131
December 2024$2,148
January 2025$2,172
February 2025$2,099
March 2025$2,075
April 2025$2,000
May 2025$2,043
June 2025$2,067
July 2025$2,052
August 2025$1,987
September 2025$1,994
October 2025$1,991
November 2025$1,959
December 2025$1,991
January 2026$2,019
February 2026$2,087
March 2026$2,079
April 2026$2,120
May 2026$2,036
June 2026$2,142
July 2026$2,010
August 2026$2,010
September 2026$2,050
October 2026$2,022

Schools near The Metropolitan

Virtual Academy of Business & Entrepreneurship

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Virtual Academy of International Studies/Humanities

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Getting around Los Angeles near 315 W 5th St

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 315 W 5th St, Los Angeles

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 315 W 5th St

Everything Market LLC
312 W 5th St
6th Street Market
212 W 6th St
Musenstudio & Market
611 S Broadway
Ghost Sando Shop
317 S Broadway
La Huerta Candy
317 S Broadway

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