645 W 9th 301, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

645 W 9th 301, Los Angeles, California 90015 home-pic-0
ACTIVE$375,000
645 W 9th 301, Los Angeles, California 90015
1Bed
1Bath
600Sqft
74,742Lot
Year Built
2006
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$625
HOA
$907
Days on market
-
Sold On
-
MLS number
IV25259809
Home ConditionGood
Features
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $375.0K(6th), sqft - 600(2th), beds - 1(50th), baths - 1(50th).

Discover the best value loft in Downtown Los Angeles at Market Lofts. This modern one-bedroom, one-bath residence offers approximately 600 square feet of open living space filled with natural light and city views. As one of the lowest-priced homes in the building, this loft combines style, location, and value rarely found in DTLA. The spacious layout features newly installed waterproof engineered plank flooring, high ceilings, and a contemporary kitchen with stainless-steel appliances and a large peninsula perfect for dining or entertaining. A generous walk-in closet and private balcony complete this beautifully designed urban retreat. Market Lofts is one of Downtown Los Angeles’s most popular residential communities, offering resort-style amenities including a swimming pool, spa, fitness center, private screening room, community lounge, and a 24-hour attended lobby. Secure parking and controlled access ensure comfort and convenience. Ideally located in the vibrant South Park neighborhood, residents enjoy immediate access to Ralphs grocery store, LA Live, Crypto.com Arena, Whole Foods, fine dining, coffee shops, and public transit—all just moments from your door. This move-in ready loft is perfect for professionals, creatives, and first-time buyers seeking an upscale yet affordable home in DTLA, as well as investors looking for strong rental demand in a premier location. With its modern finishes, unbeatable amenities, and lowest price in the complex, this is your opportunity to own a true downtown Los Angeles loft at exceptional value.

Nearby schools

2/10
Tenth Street Elementary School
Public,K-50.8mi
3/10
John H. Liechty Middle School
Public,6-80.9mi
3/10
Belmont Senior High School
Public,9-121.1mi

Price History

Date
Event
Price
11/13/25
Listing
$375,000
12/22/22
Sold
$425,000
07/24/07
Sold
$425,500
Condition Rating
Good

Built in 2006, this loft falls within the 10-20 year age range for a 'Good' rating. The property features a contemporary kitchen with stainless steel appliances and black granite countertops, which appear well-maintained and modern. The description highlights 'newly installed waterproof engineered plank flooring,' indicating a recent and significant update. While the bathroom isn't explicitly shown, the overall modern aesthetic and 'move-in ready' status suggest it's also in good condition. The industrial-style light fixtures and exposed concrete ceilings are consistent with the loft's design. The property is well-maintained with minimal wear and tear, and major systems appear functional, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Exceptional Value Proposition: Positioned as the lowest-priced unit in a popular building, this loft offers significant value for an upscale yet affordable home in DTLA.
Premier DTLA Location: Ideally located in the vibrant South Park neighborhood, residents enjoy immediate access to major entertainment venues (LA Live, Crypto.com Arena), retail (Ralphs, Whole Foods), fine dining, and public transit.
Extensive Resort-Style Amenities: Market Lofts provides a comprehensive suite of amenities including a swimming pool, spa, fitness center, private screening room, community lounge, 24-hour attended lobby, secure parking, and controlled access.
Modern & Updated Interior: The move-in ready loft features newly installed waterproof engineered plank flooring, high ceilings, a contemporary kitchen with stainless-steel appliances, a generous walk-in closet, and a private balcony.
Broad Buyer & Investor Appeal: Perfect for professionals, creatives, and first-time buyers seeking an upscale yet affordable home, as well as investors looking for strong rental demand in a premier location.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =74742, other record lot size in square feet = 74818.
High Monthly Association Fees: The association fee of $907.0 is substantial for a 600 square foot unit, significantly impacting the overall monthly cost of ownership.
Compact Living Space: At approximately 600 square feet, the unit offers limited living space, which may not suit all buyer preferences or needs for a primary residence.
Historical Price Performance Concerns: The current list price of $375,000 is lower than previous sale prices ($425,000 in 2022 and $425,500 in 2007), which could indicate a lack of appreciation or even depreciation, potentially raising concerns for future investment growth.

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