645 W 9th Street 201, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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645 W 9th Street 201
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
600Sq Ft
74,742Lot Size
Property Price
LIST PRICE$340,000
EST. MARKET VALUE
$351,700
3% BelowMARKET VALUE
SUMMARY
This Modern Industrial Condominium represents a Strong Value Opportunity, listed at $340,000—positioned well below the $351,700 Fair Market Value by 3%. This valuation gap offers $11,700 in Instant Equity for the buyer. Featuring a Good Condition Rating with raw concrete walls and sleek finishes, the unit offers a high-performance lifestyle in the heart of South Park. With building amenities like a pool and fitness center, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban efficiency.
Estimated Market Value
$351,700+$11,700 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th Street 201 Subject | $340,000* List Price | 1 | 1 | 600 | $586 | - |
A 645 W 9th Street 529 Active | $379,000 List Price | 1 | 1 | 600 | $632 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), this property fits the 10-20 year criteria for 'Good' condition. The kitchen features functional stainless steel appliances and stone countertops that remain in move-in ready condition. Systems like the exposed industrial HVAC and electrical appear well-maintained, and the polished concrete floors and industrial finishes show minimal wear.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park DTLA, the property offers unparalleled convenience with a Ralphs grocery store directly downstairs and immediate proximity to Crypto.com Arena, USC, and the Financial District.
- Modern Industrial Aesthetic
The unit features a highly desirable minimalist design with raw industrial concrete walls and sleek floors, providing a sophisticated gallery-like atmosphere for urban professionals.
- Comprehensive Building Amenities
Residents enjoy a full suite of boutique-inspired amenities, including 24-hour security, a modern fitness center, a tranquil pool, and a screening room, enhancing the luxury urban living experience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $947 per month, the association dues are significantly high relative to the unit's square footage and list price, which may impact overall affordability and buyer interest.
- Limited Square Footage
With only 600 square feet of living space, the unit is quite compact for a one-bedroom residence, potentially posing challenges for storage and furniture layout.
About 645 W 9th Street 201
Experience a residence that bridges the gap between Financial District precision and the creative pulse of DTLA. This isn't just a home; it's a high-performance hub. Raw industrial concrete walls and sleek floors provide a minimalist gallery aesthetic for the visionary, while the open-concept layout offers a sophisticated backdrop for the executive. Enjoy the convenience of Ralphs grocery store downstairs, Crypto.com Arena, USC, and FIDM and other amenities just minutes away, your commute is measured in steps, not miles. Retreat to boutique-inspired amenities: a tranquil pool, modern fitness center, screening room, and 24-hour security. HOA dues cover select utilities and parking, ensuring seamless urban living. Elevate your lifestyle where South Park's energy fuels your success. Book your private tour today.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 74,742 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $947.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Tenth Street Elementary School
Grades K-5 • 0.8 mi
2/10
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
3/10
Belmont Senior High School
Grades 9-12 • 1.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,219.385 |
| Lot Size | 74,742 | 27,236.074 |
| Price | $340.0K | $800.2K |
| Price per sq ft | $567 | $650 |
| Built year | 2006 | 1979 |
| HOA | $947.0 | $685 |
| Days on market | 49 | 72 |
Pricing History
Listed for Sale
Jul 22, 2026
$340,000
Initial Listing
Sold
Apr 12, 2022
$390,000
Public Record
Sold
Oct 15, 2007
$413,500
Public Record