645 W 9th Street 237, Los Angeles, California 90015, Los Angeles, 90015 - 0 bed, 1 bath
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645 W 9th Street 237
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
0Beds
1Baths
910Sq Ft
74,742Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$496,052
SUMMARY
This Modern Industrial Loft is a Strong Value Opportunity, listed at $495,000—positioned slightly above the $488,430 Fair Market Value. While the price reflects the premium location, the property maintains a Good Condition Rating with high-end finishes like Caesarstone counters and exposed concrete. Residents enjoy a resort-style lifestyle with a pool, fitness center, and private patio in the heart of South Park. Despite the lower-rated local schools, this unit offers a vibrant urban experience, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey downtown residence.
Estimated Market Value
$496,052
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 Street 237 Subject | $495,000* List Price | 0 | 1 | 910 | $545 | - |
A 1100 S Hope Street 914 Sold | $495,000 | 1 | 1 | 947 | $523 | 0.3 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
C 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
D 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.4 mi |
E 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.3 mi |
F 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.3 mi |
G 645 W 9th Street 715 Sold | $588,000 | 2 | 2 | 960 | $613 | - |
H 939 S Broadway 404 Sold | $442,825 | 1 | 1 | 750 | $590 | 0.3 mi |
I 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, this 20-year-old property falls squarely into the 'Good' category. The unit is well-maintained and move-in ready, featuring a functional modern kitchen with Caesarstone counters and stainless steel appliances. The exposed HVAC ducting and industrial-chic elements appear in good condition, and the overall aesthetic remains contemporary and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park, this property offers exceptional walkability to premier destinations including Whole Foods, Crypto.com Arena, and LA Live, making it ideal for a vibrant downtown lifestyle.
- Modern Industrial Aesthetic
The unit features a highly desirable industrial-chic design with exposed concrete ceilings, floor-to-ceiling windows, and high-end finishes like Caesarstone countertops and Euro-style cabinetry.
- Convenient Amenity Access
Located on the same floor as the building's resort-style amenities, residents enjoy effortless, 'doorstep' access to the pool, fitness center, BBQ area, and screening room.
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 $939 is substantial for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Low-Rated Local Schools
The assigned public schools have low ratings (ranging from 2 to 3), which could be a deterrent for families or investors concerned about long-term resale value to a broader demographic.
About 645 W 9th Street 237
Modern Loft Living in the Heart of South ParkWelcome to Unit 237 at Market Lofts, where sleek design meets effortless downtown living.The open-concept kitchen features stainless steel appliances, Euro-style cabinetry, and Caesarstone counters with an oversized breakfast bar, perfect for cooking, dining, or working from home. Warm wood floors run throughout, and floor-to-ceiling windows open to a private patio, filling the space with natural light. Exposed concrete ceilings and columns add the industrial-chic touch Market Lofts is known for.The bedroom includes a custom walk-in closet, and the bathroom offers a clean, modern tub/shower combo.This unit sits on the same floor as the building's resort-style amenities: a sparkling pool, BBQ area, clubhouse, fitness center, and private screening room.Just moments from Crypto.com Arena, LA Live, The Bloc, FIGat7th, Whole Foods, and the Metro, this home puts you in the center of it all.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 74,742 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $939.0 / 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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 910 | 1,219.385 |
| Lot Size | 74,742 | 27,236.074 |
| Price | $495.0K | $800.2K |
| Price per sq ft | $544 | $650 |
| Built year | 2006 | 1979 |
| HOA | $939.0 | $685 |
| Days on market | 49 | 72 |
Pricing History
Listed for Sale
Jul 22, 2026
$495,000
Initial Listing
Sold
Apr 3, 2018
$565,000
Public Record
Sold
Sep 4, 2015
$555,000
Public Record
Sold
Jun 13, 2008
$492,500
Public Record