645 W 9th Street 314, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath
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645 W 9th Street 314
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,020Sq Ft
74,742Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$518,092
3% BelowMARKET VALUE
SUMMARY
This Modern Industrial Loft is a Strong Value Opportunity, listed at $499,900—positioned well below the $518,093 Fair Market Value by 3%. This valuation gap offers $18,193 in Instant Equity. Featuring a Good Condition Rating, the unit includes sleek Italian cabinetry, Caesarstone counters, and exposed ductwork. Residents enjoy premium amenities like a swimming pool and 24/7 security in the heart of South Park. This property is an ideal acquisition for Buy-and-Hold Investors or urban professionals seeking a turnkey, high-lifestyle residence.
Estimated Market Value
$518,092+$18,192 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 314 Subject | $499,900* List Price | 2 | 2 | 1,020 | $508 | - |
A 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.4 mi |
B 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.3 mi |
C 645 W 9th Street 715 Sold | $588,000 | 2 | 2 | 960 | $613 | - |
D 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.3 mi |
E 600 W 9th Street 305 Sold | $575,000 | 2 | 2 | 1,193 | $482 | 0.1 mi |
F 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
G 600 W 9th Street 1216 Sold | $625,000 | 2 | 2 | 1,264 | $494 | 0.1 mi |
H 600 W 9th Street 516 Sold | $640,000 | 2 | 2 | 1,264 | $506 | 0.1 mi |
I 645 W 9th Street 237 Active | $499,999 List Price | 1 | 1 | 910 | $549 | 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, this 18-year-old property fits the 'Good' criteria (10-20 years old). The unit is well-maintained and move-in ready, featuring a functional gourmet kitchen with Italian cabinetry, Caesarstone counters, and stainless steel appliances that align with its modern industrial aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- Prime South Park Location
Situated in the heart of DTLA's South Park neighborhood, the property offers exceptional walkability to Crypto Arena, LA Live, and major transit hubs, making it a premier choice for urban professionals.
- Modern Industrial Aesthetic
The interior features high-demand architectural details including concrete finished walls, exposed ductwork, and sleek Italian cabinetry, providing a sophisticated and authentic loft living experience.
- Comprehensive Building Amenities
Residents enjoy a full suite of luxury amenities including 24/7 guarded security, a fitness center, a swimming pool, and a screening room, which significantly enhances the lifestyle value of the complex.
CONSRISKS & DEFICIENCIES
- 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 Association Fees
The monthly HOA fee of $957 is relatively high for a 1,020 sq ft unit, which may impact buyer affordability and overall investment yield.
- Low School Ratings
The assigned public schools for this address have low ratings (ranging from 2 to 3), which could limit the property's appeal to families with school-aged children.
About 645 W 9th Street 314
Prime location Market Lofts at the center of DTLA, South Park neighborhood. From the moment you enter you'll be greeted by an inviting open and spacious floor plan featuring, 2 beds, 2 baths, 1020 sq ft open loft living with modern sleek sliding glass door room dividers for privacy. The interior also features a gourmet kitchen, sleek Italian cabinetry, caesar stone counters, stainless steel appliances, recessed lighting, walk in closets, hardwood flooring, interior stackable laundry units, concrete finished walls and exposed duct work to give you the modern industrial architecture. Within the complex lies lush landscaped courtyards, swimming pool, fitness center, screening room and the social room with kitchen area, downstairs guarded secured access 24/7. Perfectly situated in a wonderful South Park neighborhood, close to your everyday needs, fantastic schools, hospitals, parks, markets, local eateries, entertainment, easy access to all major freeways and Metro station and minutes from, beaches, airports, entertainment & sports stadiums, Crypto Arena, LA Live, La Convention Center, FIDM, and the list goes on. Truly a remarkable place to call your new home, we invite you to come and see it today and make it yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 74,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $957.0 / 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,020 | 1,219.385 |
| Lot Size | 74,742 | 27,236.074 |
| Price | $499.9K | $800.2K |
| Price per sq ft | $490 | $650 |
| Built year | 2006 | 1979 |
| HOA | $957.0 | $685 |
| Days on market | 47 | 72 |
Pricing History
Listed for Sale
Jul 24, 2026
$499,900
Initial Listing
Sold
Apr 17, 2013
$515,000
Public Record
Sold
Jul 6, 2007
$595,000
Public Record