645 W 9th, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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645 W 9th
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
780Sq Ft
74,742Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$484,110
7% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $450,000—positioned well below the $484,111 Fair Market Value by 7%. This valuation gap provides $34,111 in Instant Equity. Featuring a Condition Rating of 2, this recently renovated unit offers modern quartz countertops and hardwood floors. Residents enjoy resort-style amenities, including a pool, spa, and 24-hour concierge. While local school ratings are modest, the prime South Park location offers unmatched urban convenience. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$484,110+$34,110 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 Subject | $450,000* List Price | 1 | 1 | 780 | $621 | - |
A 1100 S Hope Street 914 Sold | $495,000 | 1 | 1 | 947 | $523 | 0.3 mi |
B 939 S Broadway 404 Sold | $442,825 | 1 | 1 | 750 | $590 | 0.3 mi |
C 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
D 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
E 645 W 9th Street 342 Active | $459,000 List Price | 1 | 1 | 780 | $588 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2006, the unit is recently renovated with modern quartz countertops, stainless steel appliances, new fixtures, and hardwood floors. It is in mint, move-in-ready condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park directly above Ralph's Market and steps from Whole Foods, this unit offers unparalleled walkability and convenience in the epicenter of Downtown LA.
- Modern Renovations & Layout
This recently updated corner unit features fresh paint, new fixtures, quartz countertops, and a rare enclosed bedroom, providing a move-in-ready experience with superior privacy compared to standard lofts.
- Comprehensive Resort Amenities
The building provides an extensive amenity package including a pool, spa, fitness center, private screening room, 24-hour concierge, and a coveted oversized parking space.
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 $990 is significantly high for a one-bedroom unit under 800 square feet, which may impact buyer affordability and overall monthly carrying costs.
- Low Local School Ratings
The property is zoned for schools with low performance ratings (ranging from 2 to 3), which could deter families and potentially limit the property's long-term appreciation and resale appeal.
About 645 W 9th
Welcome to The Market Lofts! Unit 643! Convenient * Effortless * Urban Living at its Best! This Amazing Corner Unit #643 * Conveniently Located in the Epicenter of South Park, Downtown LA. * This Recently Renovated Unit Offers * 1 Bedroom * 1 Bathroom * Approx. 800 Sq. Ft. Open Space Living * Light & Bright * Freshly Painted * New Fixtures * Hardwood Floors * Updated Bathroom * Spacious Kitchen * Quartz Countertop * Stainless Steel Appliances * Loft Style * Enclosed Bedroom * Massive Walk-In-Closet * Sound Proof Unit * Private Washer/Dryer Unit Inside * Pool Facing Unit with Spacious Balcony * Resort Style Amenities * Pool * Spa * Fitness Center * Huge Rec Room for Entertainment * Out Door Grilling by the Pool * Private Screening Room * Oversized One Car Parking Spot * Located Above Ralph's Market and Just Around the Corner From Whole Foods * Amazon Lockers on Ground Floor * 24 Hour Front Desk Concierge * Must See!
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
- $990.0 / 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 | 780 | 1,219.385 |
| Lot Size | 74,742 | 27,236.074 |
| Price | $450.0K | $800.2K |
| Price per sq ft | $577 | $650 |
| Built year | 2006 | 1979 |
| HOA | $990.0 | $685 |
| Days on market | 7 | 72 |
Pricing History
Listed for Sale
Sep 2, 2026
$450,000
Initial Listing
Sold
Apr 29, 2025
$20,900,000
Public Record
Sold
Aug 2, 2022
$550,000
Public Record
Sold
Jul 29, 2019
$11,936,000
Public Record