645 W 9th St #424, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Modern South Park Loft is a Strong Value Opportunity, listed at $445,000—positioned well below the $468,022 Fair Market Value by 4%. This valuation gap provides $23,022 in Instant Equity. Boasting an Excellent Condition Rating, the unit features a comprehensive renovation with new flooring and a private balcony overlooking Grand Hope Park. Residents enjoy resort-style amenities including a pool and spa, with ultimate convenience via an on-site Ralphs. This turnkey residence is perfectly suited for urban professionals or first-time buyers seeking a high-amenity DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th St #424 Subject | $445,000* List Price | 1 | 1 | 754 | $621 | - |
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 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
E 645 W 9th Street 720 Sold | $550,000 | 2 | 1 | 890 | $618 | 0.0 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.
The property has undergone a comprehensive recent renovation, featuring brand-new flooring, modern light fixtures, and fresh paint throughout. The kitchen is equipped with high-quality stainless steel appliances and updated cabinetry, and the bathroom is in pristine condition. Although built in 2006, the extensive recent updates and lack of physical depreciation align with the excellent condition standard.
Situated in the heart of South Park, this property offers ultimate urban convenience with a Ralphs grocery store on-site and immediate proximity to LA Live, Crypto.com Arena, and top-tier dining.
The unit is move-in ready, featuring fresh updates including brand-new flooring and modern lighting that complement the open loft aesthetic and stainless steel kitchen.
A rare find in Downtown LA, the private balcony overlooks Grand Hope Park, providing a tranquil view of greenery and open space that enhances the living experience.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 754, other record living area = 650.
The monthly HOA fee of $908 is significantly high for a 754-square-foot one-bedroom unit, which may impact overall affordability and buyer interest.
The assigned public schools for this address have low performance ratings (2 and 3 out of 10), which could be a deterrent for families or long-term resale value.
Freshly renovated and ready to impress, this South Park loft delivers style, light, and one of the best views in the building. From new lighting to brand new flooring, every detail has been refreshed for a clean, modern feel. The real standout? Your private balcony overlooking Grand Hope Park—an unexpected slice of greenery that brings a sense of calm to the heart of DTLA. Inside, the open layout flows effortlessly, anchored by a sleek kitchen with stainless steel appliances and a generous peninsula made for both casual mornings and hosting nights. A walk-in closet keeps things practical, while the flexible loft design lets you shape the space around your lifestyle. At Market Lofts, convenience is built in—resort-style amenities, 24-hour security, and Ralphs just downstairs. Step outside and you’re moments from LA Live, Crypto.com Arena, Whole Foods, and the city’s best dining and nightlife. Sharp, livable, and perfectly located—this is DTLA living done right.
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 | 754 | 1,095 | 19% |
| Lot Size | 74,742 | 42,893.5 | 72% |
| Price | $445.0K | $595.5K | 17% |
| Price per sq ft | $590 | $608 | 44% |
| Built year | 2006 | 2007 | 36% |
| HOA | $908.0 | $946 | 42% |
| Days on market | 7 | 214 | 3% |
Apr 15, 2026
$445,000
Initial Listing
Dec 20, 2007
$430,000
Public Record