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600 W 9th Street 309, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

600 W 9th Street 309, Los Angeles, California 90015 home-pic-0
ACTIVE$510,000
600 W 9th Street 309, Los Angeles, California 90015
2Beds
2Baths
1,193Sqft
83,379Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Centrally located in DTLA, offering unparalleled walking access to a vast array of dining, entertainment, cultural venues, and daily necessities including Ralph's Fresh Fare Market, FIDM, Crypto.com Arena, LA Live, and numerous popular establishments.
Top Cons:
High Monthly Association Fee: The significant monthly association fee of $1,097.0 represents a substantial ongoing cost that could impact affordability and appeal to budget-conscious buyers.

Compared to the nearby listings

Price:$510.0K vs avg $555.0K ($-45,000)35%
Size:1,193 sqft vs avg 1,035 sqft62%
Price/sqft:$427 vs avg $60310%

More Insights

Built in 1983 (42 years old).
Condition: Built in 1983, this unit requires substantial rehabilitation. The images clearly show unfinished kitchen and bathrooms, lacking countertops, sinks, and proper flooring. The existing light fixtures are dated, and the general living areas appear to have old or missing flooring, making the unit not move-in ready and requiring significant investment to become functional and aesthetically current.
Year Built
1983
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$427
HOA
$1,097
Days on market
-
Sold On
-
MLS number
25606157
Home ConditionPoor
Features
Pool
Patio
ViewCity Lights,Panoramic

About this home

Lender Approved Short Sale with BPO at $510,000! No need to wait for lender approval. Opportunity with rare storage and two parking spots (tandem). The 2 bedroom, 2 bath unit is centrally located in DTLA and is in walking distance to the best that DTLA has to offer. Right across the street from Ralph's Fresh Fare Market, and right next to FIDM. Explore the vibrant neighborhood with Pine & Crane, Orange Theory Fitness, South Park Grocery, Prank Bar, Culturas, Sonoritas, Starbucks, and more. Plus, you're just moments away from the Crypto.com Arena, LA Live, Ritz-Carlton, 7th and Fig, Whole Foods, Crypto.Com Arena, L.A. Live, Macy's Plaza, Disney Concert Hall, The Broad, Whole Foods, Bottega Louie, USC Village, and the Pico Metro Station, making commuting a breeze. With a Walk Score of 95 and a Transit Score of 100, you may never need a car again. Downtown LA is undergoing major transformations in preparation for the 2028 Summer Olympics, with billions invested into development, including new infrastructure and upgrades. Invest in the future of LA today! AGENTS SEE PRIVATE AND SHOWING REMARKS!

Price History

Date
Event
Price
03/22/06
Sold
$690,000
Condition Rating
Poor
Built in 1983, this unit requires substantial rehabilitation. The images clearly show unfinished kitchen and bathrooms, lacking countertops, sinks, and proper flooring. The existing light fixtures are dated, and the general living areas appear to have old or missing flooring, making the unit not move-in ready and requiring significant investment to become functional and aesthetically current.
Pros & Cons

Pros

Prime Downtown Location: Centrally located in DTLA, offering unparalleled walking access to a vast array of dining, entertainment, cultural venues, and daily necessities including Ralph's Fresh Fare Market, FIDM, Crypto.com Arena, LA Live, and numerous popular establishments.
Exceptional Walkability & Transit: Boasts an impressive Walk Score of 95 and a Transit Score of 100, indicating excellent pedestrian-friendly access and convenient public transportation options, including the Pico Metro Station, making car ownership optional.
Investment Potential: Situated in an area undergoing significant development and investment in preparation for the 2028 Summer Olympics, suggesting strong potential for future property value appreciation.
Rare Parking & Storage: Includes rare storage and two tandem parking spots, a highly valuable amenity in a dense urban environment like Downtown Los Angeles where parking is often scarce and expensive.
Lender-Approved Short Sale: The property is a lender-approved short sale with a BPO at $510,000, streamlining the purchase process by eliminating the typical waiting period for lender approval and potentially offering a competitive price point.

Cons

High Monthly Association Fee: The significant monthly association fee of $1,097.0 represents a substantial ongoing cost that could impact affordability and appeal to budget-conscious buyers.
Building Age: Built in 1983, the property is an older condominium building, which may imply aging infrastructure, potential for higher maintenance costs, or a need for updates compared to newer constructions.
Urban Environment Drawbacks: While offering convenience, the central DTLA location can come with increased noise levels, higher population density, and potentially less green space, which may not suit all lifestyle preferences.

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