645 W 9th 301, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This loft-style condominium presents a Strong Value Opportunity, listed at $350,000—positioned well below the $331,748 Fair Market Value by -5%. Featuring an industrial-modern aesthetic with exposed concrete ceilings and a granite kitchen, the unit maintains a Good Condition Rating. While the monthly HOA is notable, the building offers premium amenities including a heated pool, spa, and 24-hour security. Located in the heart of South Park, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-walkability urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th 301 Subject | $350,000* List Price | 1 | 1 | 600 | $553 | - |
A 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.0 mi |
B 1119 Albany Street 225 Sold | $355,000 | 1 | 1 | 650 | $546 | 0.7 mi |
C 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.1 mi |
D 645 W 9th Street 201 Active | $370,000 List Price | 1 | 1 | 600 | $617 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it at the threshold of the 'Good' category. The kitchen and bathrooms are well-maintained with granite countertops and stainless steel appliances that remain functional and move-in ready. The industrial-style HVAC systems and electrical appear in good working order, and the engineered hardwood flooring shows minimal wear.
Situated in the heart of South Park, this unit offers unparalleled convenience with a Ralphs supermarket and retail on the ground floor, plus immediate walking access to Crypto.com Arena and LA Live.
Priced competitively at $350,000, this loft represents one of the most affordable entry points into the Downtown Los Angeles market, especially given the inclusion of assigned covered parking.
Residents benefit from a robust suite of luxury amenities, including 24-hour security, a heated pool, fitness center, and a private screening room, enhancing the overall lifestyle appeal.
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.
The association fee of $907 per month is significantly high for a 600-square-foot unit, which may deter budget-conscious buyers or impact financing qualifications.
At only 600 square feet, the compact living space and open-concept layout may feel restrictive for those requiring distinct separation of living areas or ample storage.
Loft-style condominium in the Market Lofts building in the South Park neighborhood of Downtown Los Angeles, CA 90015. This third-floor unit at 645 W 9th St #301 offers an open-concept layout with exposed concrete ceilings, exposed steel ductwork, and engineered hardwood floors throughout — the signature industrial-modern aesthetic that defines Market Lofts. Priced at $350,000, this is one of the most competitively priced loft condos currently available in DTLA. The kitchen features warm wood cabinetry, granite countertops, a tile backsplash, and stainless steel appliances including a full-size refrigerator with water and ice dispenser, built-in microwave, and dishwasher. The open living and dining area is anchored by a modern sputnik chandelier and flooded with natural light from oversized windows with treetop views. A separated bedroom area accommodates a queen or king bed with room for a desk or home office setup. The full bathroom includes a tub-shower combination with a glass sliding enclosure, granite vanity countertop with mosaic tile backsplash, and wood cabinetry matching the kitchen. Additional features include an oversized walk-in closet with built-in shelving and an in-unit LG washer and dryer. One assigned covered parking space is included. Market Lofts residents have access to a heated swimming pool, spa and hot tub, fitness center, clubhouse with pool table, screening room and media theater, social room with gourmet kitchen, outdoor BBQ grills, landscaped courtyard deck, Amazon package lockers, and 24-hour front desk security with concierge service. The building sits directly above a Ralphs supermarket, with additional ground-floor retail including The Coffee Bean & Tea Leaf and a UPS Store — daily errands without leaving the building. Located in South Park, the unit is walking distance to Crypto.com Arena, LA Live, the Los Angeles Convention Center, and the 7th Street/Metro Center transit station. Restaurants, galleries, and the growing South Park dining scene are steps from the front door. Easy freeway access to the 110 and 10 freeways connects to the rest of Los Angeles. Market Lofts, 645 W 9th St, Downtown Los Angeles, CA 90015.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 600 | 1,260 | 4% |
| Lot Size | 74,742 | 44,583 | 56% |
| Price | $350.0K | $617.0K | 8% |
| Price per sq ft | $583 | $616 | 44% |
| Built year | 2006 | 2007 | 48% |
| HOA | $907.0 | $986 | 36% |
| Days on market | 34 | 216 | 8% |
May 13, 2026
$350,000
Initial Listing
Dec 22, 2022
$425,000
Public Record
Jul 24, 2007
$425,500
Public Record