645 W 9th 301, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

645 W 9th 301
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 645 W 9th 301, Los Angeles, California 90015 is currently available with a list price of $375,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value & Price Point
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.
- Prime Downtown Location
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.
- Resort-Style Building Amenities
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.
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.
- Compact Living Space
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.
- High Monthly Association Fees
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.
About 645 W 9th 301
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.
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
- $907.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Tenth Street Elementary School
Grades K-5 • 0.8 mi
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
Belmont Senior High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 600 | 990 | 2% |
| Lot Size | 74,742 | 44,570 | 78% |
| Price | $375.0K | $550.0K | 7% |
| Price per sq ft | $625 | $589 | 68% |
| Built year | 2006 | 2007 | 41% |
| HOA | $907.0 | $919 | 44% |
| Days on market | 113 | 213 | 5% |
Pricing History
Listed for Sale
Nov 13, 2025
$375,000
Initial Listing
Sold
Dec 22, 2022
$425,000
Public Record
Sold
Jul 24, 2007
$425,500
Public Record













