645 W 9th 301, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Modern Urban Loft serves as the most affordable entry into the prestigious Market Lofts with a List Price of $375,000, reflecting a stable valuation relative to its $341,820 Fair Market Value. Maintaining a Good Condition Rating, the interior features newly installed waterproof flooring, a contemporary kitchen, and high ceilings. Residents access resort-style amenities including a pool, fitness center, and 24-hour lobby in the heart of South Park. This turnkey property is the ideal match for first-time buyers or professionals seeking a high-value urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th 301 Subject | $375,000* List Price | 1 | 1 | 600 | $570 | - |
A 901 S Flower Street 402 Sold | $450,000 | 1 | 1 | 745 | $604 | 0.1 mi |
B 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.1 mi |
C 1119 Albany Street 225 Sold | $355,000 | 1 | 1 | 650 | $546 | 0.7 mi |
D 645 W 9th Street 628 Active | $439,000 List Price | 0 | 1 | 720 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this loft is 18 years old, falling within the 'Good' category's age range. The description highlights 'newly installed waterproof engineered plank flooring' and a 'contemporary kitchen with stainless-steel appliances,' which are significant updates. The images confirm a modern, well-maintained kitchen with current appliances and clean, functional bathroom. The overall unit is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Positioned as the 'best value loft' and 'lowest-priced home in the building,' this property offers a highly competitive entry point into the desirable DTLA market, appealing to first-time buyers and investors alike.
Situated in the vibrant South Park neighborhood, residents benefit from immediate access to essential amenities like Ralphs and Whole Foods, major entertainment venues (LA Live, Crypto.com Arena), fine dining, and public transit, ensuring a highly convenient urban lifestyle.
Market Lofts provides an impressive array of resort-style amenities including a swimming pool, spa, fitness center, private screening room, community lounge, and a 24-hour attended lobby, enhancing the living experience and property 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.
With approximately 600 square feet of open living space, the unit offers a relatively small footprint, which may be a limitation for buyers seeking more expansive living areas or those with significant furniture.
The $907 monthly association fee is substantial for a 600 sqft one-bedroom unit, significantly increasing the total cost of ownership and potentially impacting affordability for some buyers or reducing investor cash flow.
Discover the best value loft in Downtown Los Angeles at Market Lofts. This modern one-bedroom, one-bath residence offers approximately 600 square feet of open living space filled with natural light and city views. As one of the lowest-priced homes in the building, this loft combines style, location, and value rarely found in DTLA. The spacious layout features newly installed waterproof engineered plank flooring, high ceilings, and a contemporary kitchen with stainless-steel appliances and a large peninsula perfect for dining or entertaining. A generous walk-in closet and private balcony complete this beautifully designed urban retreat. Market Lofts is one of Downtown Los Angeles’s most popular residential communities, offering resort-style amenities including a swimming pool, spa, fitness center, private screening room, community lounge, and a 24-hour attended lobby. Secure parking and controlled access ensure comfort and convenience. Ideally located in the vibrant South Park neighborhood, residents enjoy immediate access to Ralphs grocery store, LA Live, Crypto.com Arena, Whole Foods, fine dining, coffee shops, and public transit—all just moments from your door. This move-in ready loft is perfect for professionals, creatives, and first-time buyers seeking an upscale yet affordable home in DTLA, as well as investors looking for strong rental demand in a premier location. With its modern finishes, unbeatable amenities, and lowest price in the complex, this is your opportunity to own a true downtown Los Angeles loft at exceptional value.
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 | 1.5 | 50% |
| Square foot | 600 | 1,095 | 3% |
| Lot Size | 74,742 | 42,893.5 | 72% |
| Price | $375.0K | $595.5K | 6% |
| Price per sq ft | $625 | $616 | 61% |
| Built year | 2006 | 2007 | 36% |
| HOA | $907.0 | $946 | 42% |
| Days on market | 160 | 214 | 22% |
Nov 13, 2025
$375,000
Initial Listing
Dec 22, 2022
$425,000
Public Record
Jul 24, 2007
$425,500
Public Record