645 W 9th 436, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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645 W 9th 436
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
800Sq Ft
74,742Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$436,673
3% BelowMARKET VALUE
SUMMARY
This loft-style condo represents a Prime Investment Opportunity, listed at a List Price of $440,000—positioned well below the $452,061 Fair Market Value by 2%. This valuation gap offers $12,061 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit boasts a Granite Breakfast Bar, Hardwood Flooring, and Floor-to-Ceiling Windows. With resort-style amenities and a central South Park location, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an urban lifestyle.
Estimated Market Value
$436,673+$16,673 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 436 Subject 1 bd · 1 ba · 800 sqft · $546 | $420,000* List Price | 1 | 1 | 800 | $546 | - |
A 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.3 mi | $495,000 | 1 | 1 | 947 | $523 | 0.3 mi |
B 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.1 mi | $530,000 | 1 | 1 | 910 | $582 | 0.1 mi |
C 901 S Flower Street 704 Sold 0 bd · 1 ba · 751 sqft · $619 · 0.1 mi | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
D 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 | $385,000 | 1 | 1 | 754 | $511 | - |
E 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.3 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.3 mi |
F 939 S Broadway 404 Sold 1 bd · 1 ba · 750 sqft · $590 · 0.3 mi | $442,825 | 1 | 1 | 750 | $590 | 0.3 mi |
G 645 W 9th Street 342 Active 1 bd · 1 ba · 780 sqft · $588 · 0.0 mi | $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 (20 years old), the property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready, featuring a functional kitchen with stainless-steel appliances, granite countertops, and intact hardwood flooring. Systems like the exposed HVAC ducting appear modern and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park above Ralphs and steps from LA LIVE and Crypto.com Arena, this property offers unparalleled walkability and convenience to Downtown Los Angeles' premier dining and entertainment.
- Modern Industrial Aesthetic
The loft-style interior features highly desirable architectural elements including floor-to-ceiling windows, exposed concrete, and hardwood flooring, creating a sophisticated and contemporary living environment.
- Comprehensive Building Amenities
Residents benefit from a robust suite of resort-style amenities including a pool, fitness center, 24/7 concierge, and the significant added value of an assigned garage 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 Monthly Carrying Costs
The monthly association fee of $625 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Underperforming School District
The assigned public schools have low ratings (ranging from 2 to 3), which could limit the property's appeal to families and potentially affect long-term resale value.
About 645 W 9th 436
Welcome to Market Lofts in the heart of Downtown Los Angeles’ South Park neighborhood. This approximately 800 sq. ft. 1-bedroom, 1-bath loft-style condo features an open floor plan, hardwood flooring, floor-to-ceiling windows, exposed concrete elements, a small private balcony with pool view, stainless-steel appliances, granite breakfast bar, walk-in closet, and in-unit washer/dryer. The community offers resort-style amenities including a pool, spa, fitness center, resident lounge, screening room, BBQ area, concierge and controlled access/security. Conveniently located above Ralphs and near Whole Foods, LA LIVE, Crypto.com Arena, FIDM, restaurants, shopping, public transportation and major Downtown Los Angeles attractions. Includes one assigned garage parking space.
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
- $625.0 / 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 | 800 | 1,252.996 |
| Lot Size | 74,742 | 26,029.603 |
| Price | $420.0K | $778.5K |
| Price per sq ft | $525 | $629 |
| Built year | 2006 | 1981 |
| HOA | $625.0 | $676 |
| Days on market | 41 | 74 |
Pricing History
Listed for Sale
Oct 10, 2026
$420,000
$440,000
-5% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$440,000
Initial Listing
Sold
May 28, 2021
$489,000
Public Record
Sold
Jan 6, 2010
$319,000
Public Record