
Los Angeles, California 90015
This Turnkey Industrial-Chic Loft is a High-Potential Investment Opportunity, listed at $399,998—positioned well below the $419,123 Fair Market Value by 4%. This valuation gap offers $19,125 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with recent upgrades and the building's largest balcony, this unit offers a premium DTLA lifestyle. With FHA approval and resort-style amenities, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 W 9th Street 406 Subject | $385,999* List Price | 1 | 1 | 754 | $531 | - |
A 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.0 mi |
B 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.1 mi |
C 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.1 mi |
D 645 W 9th Street 342 Active | $469,000 List Price | 1 | 1 | 780 | $601 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 2006, the unit has been recently refreshed with brand new flooring, baseboards, and professional paint. The kitchen is in mint condition with newer stainless steel appliances and modern cabinetry. The property shows as move-in ready with no deferred maintenance, qualifying it for the excellent category due to the recent interior updates.
The unit features the largest balcony in the building, a rare and highly coveted amenity in Downtown Los Angeles that provides significant private outdoor living space with skyline views.
The property is move-in ready, having been recently refreshed with brand new flooring, professional paint, newer appliances, and resealed windows for improved comfort and aesthetics.
The building is FHA approved, making it an excellent opportunity for first-time homebuyers to enter the market with a lower down payment in a prime DTLA location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 754, other record living area = 660.
The assigned public schools carry low ratings (ranging from 2 to 3), which may deter families and potentially limit the long-term appreciation of the property.
The current list price of approximately $400k is significantly lower than its previous sale prices of $450k in 2021 and $512k in 2017, indicating a notable downward trend in the unit's market value.
BUILDING IS FHA APPROVED! Step into the heart of DTLA at the highly sought-after Market Lofts, this 4th-floor industrial-chic one-bedroom loft delivers that true Downtown lifestyle with soaring ceilings, oversized windows, and an open layout that just feels right. It's also been thoughtfully refreshed: brand new floors, clean new baseboard trim, newer appliances, and a fresh professional paint job throughout so it shows sharp and feels move-in ready from the moment you walk in. The windows have also been recently resealed, keeping things comfortable while you take in the energy of the city. The views are a major highlight here, you've got a great look at the DTLA skyline right off Flower St, giving you that iconic city-light backdrop day and night. The kitchen is a standout for this building, with a peninsula that adds bar seating (rare for these units) and makes the space perfect for morning coffee, casual dinners, or entertaining without sacrificing the loft vibe. You'll also love the smart layout with a walk-in closet for real storage, which is a huge win in loft living. To top it off, this unit features the largest balcony you'll find in the building, an outdoor space that's incredibly hard to come by in DTLA and perfect for relaxing, hosting, or just soaking in the skyline. Market Lofts rounds it out with resort-style amenities including a pool, gym, screening room, and resident clubhouse, plus Amazon lockers for everyday convenience. And when it comes to location, you're just minutes from some of DTLA's best coffee shops, restaurants, Whole Foods, Ralphs, LA Live, and more this is downtown 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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 754 | 1,243 |
| Lot Size | 74,818 | 24,016 |
| Price | $386.0K | $805.6K |
| Price per sq ft | $512 | $659 |
| Built year | 2006 | 1981 |
| HOA | $497.51 | $684 |
| Days on market | 47 | 71 |
Jun 23, 2026
$385,999
$399,998
-3% Price Drop
Initial Listing
Jun 5, 2026
$399,998
Initial Listing
Jan 4, 2021
$450,000
Public Record
Aug 31, 2017
$512,000
Public Record
Oct 13, 2016
$480,000
Public Record
Feb 22, 2008
$400,000
Public Record