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500 L St #5, Anchorage, AK, 99501

0beds
0baths
0sqft
$1,325,000
--price/sqft
$9,350/moest. monthly cost
$374,000/yrincome needed

About This Home

The 5th, 3rd and 1st floor condos are for sale together for $1,400,000. Each floor consists of approximately 5700 sf of rentable space; the 1st floor is available to lease or for owner occupier. The 5th and 3rd floors are fully leased.

Getting Around

81
WalkingVery Walkable
52
TransitGood Transit
79
BikeVery Bikeable

Schools

9/10
5/10
West High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Metal

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Features

  • Storage
  • Flooring: Carpet
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0010323900513
  • Zoning: B2C
  • Zoning description: Central Business Periphery

Features

  • Has view: Yes
  • View description: City Lights,Inlet,Mountain(s),Unobstructed
  • Has water view: Yes
  • Water view: Inlet
  • Waterfront features: Inlet Access,None

Lot

  • Lot size: 7,840 sqft
  • Features: Views

Parking

  • Parking features: No Garage,No Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Tsunami

FEMA Declared Disasters in Anchorage Municipality and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,699$80,388
Home Insurance $578$6,936
Property Taxes $1,755$21,060
Electricity $318$3,820
Total$9,350$112,200

Income You'd Need if You Spent...

35% on housing$320,571/yr
40% on housing$280,500/yr
45% on housing$249,333/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 99501$214
Anchorage Municipality$251

vs Homes Sold Last Month

Median $/sqft

ZIP 99501$231
Anchorage Municipality$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$1,400,000

For Sale by Agent

AgentJohn Wirum
BrokerageWirum Properties L.L.C.

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