645 W 9th 643, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Recently Renovated Corner Loft is a Prime Investment Opportunity, listed at $488,000—positioned well below the $501,177 Fair Market Value by 2%. This valuation gap offers $13,177 in Instant Equity. Boasting a Mint Condition Rating, the residence features quartz countertops, hardwood floors, and a pool-facing balcony. Located in the South Park epicenter above Ralph’s, it offers resort amenities near Tenth Street Elementary and Belmont Senior High. This turnkey asset is perfect for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th 643 Subject | $488,000* List Price | 1 | 1 | 800 | $626 | - |
A 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.0 mi |
B 1050 S Grand Avenue 705 Sold | $510,000 | 1 | 1 | 683 | $747 | 0.3 mi |
C 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.3 mi |
D 645 W 9th Street 720 Sold | $550,000 | 2 | 1 | 890 | $618 | 0.0 mi |
E 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
F 645 W 9th Street 318 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.0 mi |
G 645 W 9th Active | $495,000 List Price | 1 | 1 | 800 | $619 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2006, the unit has been recently renovated (within the last 5 years) and is in mint condition. It features a modern kitchen with quartz countertops and stainless steel appliances, an updated bathroom, new fixtures, and fresh paint throughout, requiring no immediate maintenance.
Situated in the heart of South Park above Ralph's and near Whole Foods, this corner unit offers unparalleled walkability and convenience in the epicenter of Downtown LA.
The unit features recent renovations including hardwood floors, quartz countertops, and new fixtures, providing a fresh and contemporary move-in-ready experience.
Residents benefit from an extensive suite of amenities including a pool, fitness center, private screening room, and 24-hour concierge service, enhancing the luxury lifestyle.
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.
The association fee of $920 per month is relatively high for an 800-square-foot one-bedroom unit, which may impact buyer affordability and overall investment yield.
The assigned public schools have low ratings (ranging from 2 to 3), which could be a drawback for families or long-term resale value to a broader demographic.
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 * Spacius Kitchen * Quartz Countertop * Stainles Steel Appliances * Loft Style * Enclosed Bedroom * Massive Walk-In-Closet * Sound Proof Unit * Private Washer/Dryer Unit Inside * Pool Facing Unit with Spacius 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!
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 | 2.0 | 47% |
| Square foot | 800 | 1,160 | 28% |
| Lot Size | 74,742 | 42,893.5 | 72% |
| Price | $488.0K | $621.0K | 25% |
| Price per sq ft | $610 | $616 | 47% |
| Built year | 2006 | 2007 | 31% |
| HOA | $920.0 | $983 | 44% |
| Days on market | 11 | 220 | 3% |
Apr 21, 2026
$488,000
Initial Listing
Mar 3, 2020
$485,000
Public Record
Aug 1, 2007
$512,500
Public Record