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 Turnkey South Park Loft is a Strong Value Opportunity, listed at $450,000—positioned well below the $491,504 Fair Market Value by 8%. This valuation gap offers $41,504 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts a fresh renovation, modern kitchen, and a prime park view. While school ratings are modest, the building’s resort-style amenities and unmatched urban convenience make this an ideal sanctuary for Buy-and-Hold Investors or first-time buyers seeking a polished, move-in ready DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th St 424 Subject | $450,000* List Price | 1 | 1 | 754 | $652 | - |
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 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
D 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
E 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.
Property is new construction or fully renovated.
The property is in mint condition following a fresh renovation that includes brand-new flooring, updated electrical and plumbing systems, a modernized bathroom, and a sleek kitchen with stainless steel appliances. Although built in 2006, the recent comprehensive updates meet the criteria for excellent condition.
The unit features extensive recent upgrades including new flooring, updated electrical and plumbing, and a fully renovated kitchen and bathroom, offering a modern, move-in-ready experience.
Positioned to face Grand Hope Park, the balcony provides one of the building's best greenbelt views, which is a rare and highly desirable asset in the dense urban environment of Downtown LA.
Located in the heart of South Park with a Ralphs grocery store downstairs and proximity to LA Live, the unit's specific placement near elevators and parking significantly enhances daily accessibility.
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 assigned public schools for this address have low performance ratings, ranging from 2 to 3 out of 10, which may deter families or impact long-term resale appeal.
Despite being competitive for the area, the $908 monthly HOA fee represents a substantial recurring expense that may impact the budget and loan qualification for some buyers.
Freshly renovated, park-facing, and positioned in one of the most convenient locations at Market Lofts, this South Park loft is the one buyers keep hoping will come available. From the balcony, you get one of the building’s best views over Grand Hope Park. Inside, the home feels crisp and move-in ready with brand-new flooring, modern lighting, updated electrical and plumbing, fresh paint, a renovated bathroom, and a sleek kitchen with stainless steel appliances. The open 754-square-foot layout lives comfortably, with bright living space and an easy flow for everyday city living. The location within the building is a real advantage: close to the main elevators and parking structure, making daily life noticeably easier. Add lower HOA dues than many competing DTLA condos, 24-hour security, resort-style amenities, Ralphs downstairs, and quick access to LA Live, Crypto.com Arena, Whole Foods, restaurants, coffee, and nightlife. Park view. Fresh renovation. Prime building location. Lower HOA. A standout DTLA loft, ready now.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 754 | 1,243 |
| Lot Size | 74,742 | 24,016 |
| Price | $450.0K | $805.6K |
| Price per sq ft | $597 | $659 |
| Built year | 2006 | 1981 |
| HOA | $908.0 | $684 |
| Days on market | 7 | 71 |
Jul 15, 2026
$450,000
Initial Listing
Dec 20, 2007
$430,000
Public Record