645 W 9th 425, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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645 W 9th 425
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
650Sq Ft
74,742Lot Size
Property Price
LIST PRICE$415,000
EST. MARKET VALUE
$413,833
SUMMARY
This Move-In Ready Industrial Loft is a Strong Value Opportunity, listed at $415,000—positioned well below the $413,833 Fair Market Value by -0.28%. While the price aligns with current market stability, the property offers a Good Condition Rating featuring high-end finishes like hardwood floors and a gourmet chef’s kitchen. Residents enjoy resort-style amenities including a pool, spa, and 24/7 concierge in a prime DTLA location. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a sophisticated, low-maintenance urban lifestyle.
Estimated Market Value
$413,833
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 425 Subject | $415,000* List Price | 1 | 1 | 650 | $637 | - |
A 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
B 939 S Broadway 404 Sold | $442,825 | 1 | 1 | 750 | $590 | 0.3 mi |
C 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
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, the property is 20 years old, placing it squarely in the 'Good' category. The unit is move-in ready with a well-maintained gourmet kitchen featuring stainless steel appliances, functional HVAC systems with exposed industrial ducting, and high-quality hardwood floors.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated directly above Ralphs and steps from Whole Foods, Target, and the Crypto.com Arena, this property offers unparalleled walkability and convenience in the heart of Downtown LA.
- Modern Industrial Aesthetic
The loft features highly desirable architectural details including high ceilings, smooth concrete walls, and hardwood floors, paired with a gourmet chef’s kitchen and stainless steel appliances.
- Comprehensive Building Amenities
Residents enjoy a full suite of resort-style amenities such as a 24/7 concierge, pool, fitness center, and theater, providing a high-end lifestyle rarely found at this price point.
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 Monthly HOA Fees
The association fee of $995 per month is significantly high for a 650-square-foot unit, which may impact buyer affordability and overall investment yield.
- Limited Square Footage
At only 650 square feet, the compact living space and open loft configuration may feel restrictive for buyers seeking more privacy or traditional room divisions.
About 645 W 9th 425
Welcome to this move-in-ready industrial loft in Downtown LA’s updated Market Lofts. Sunlit by southeastern views of the skyline and Grand Hope Park, the home features hardwood floors, smooth concrete walls, and high ceilings. Enjoy a gourmet chef’s kitchen with stainless steel appliances, a 5-burner gas cooktop, and a seating peninsula, alongside an open loft bedroom, custom walk-in closet, in-unit LG washer/dryer, and assigned parking. Complete with resort-style amenities—pool, spa, fitness center, theater, resident lounge, and 24/7 concierge—located directly above Ralphs and steps from Whole Foods, Target, 7th & Metro, and Crypto.com Arena.
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
- $995.0 / 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 | 650 | 1,219.385 |
| Lot Size | 74,742 | 27,236.074 |
| Price | $415.0K | $800.2K |
| Price per sq ft | $638 | $650 |
| Built year | 2006 | 1979 |
| HOA | $995.0 | $685 |
| Days on market | 5 | 72 |
Pricing History
Listed for Sale
Sep 4, 2026
$415,000
Initial Listing
Sold
Sep 6, 2024
$390,000
Public Record
Sold
Mar 3, 2017
$475,000
Public Record
Sold
Feb 29, 2008
$399,500
Public Record