645 W 9th Street 529, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
645 W 9th Street 529
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 645 W 9th Street 529, Los Angeles, California 90015 is currently available with a list price of $420,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. The unit is move-in ready with contemporary finishes including quartz countertops, stainless steel appliances, and durable hard surface flooring. The industrial loft style with exposed concrete remains stylish and well-maintained, showing minimal wear and tear consistent with a high-quality urban residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park with a Ralphs grocery store on the ground floor and immediate proximity to LA Live and Whole Foods, offering unparalleled walkability and convenience.
- Modern Loft Aesthetic
The unit features a stylish open-concept layout with industrial-chic exposed concrete ceilings, quartz countertops, and a private balcony, perfectly capturing the essence of DTLA living.
- Comprehensive Amenities
Residents enjoy a full suite of resort-style facilities, including a pool, fitness center, and 24-hour security, plus the rare convenience of a reserved parking space on the same level as the unit.
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 HOA Dues
The monthly association fee of $946.10 is exceptionally high for a 600-square-foot unit, which significantly increases the total monthly carrying costs and may impact investor ROI.
- Low School Ratings
The property is zoned for local schools with low performance ratings (ranging from 2 to 3), which may limit the appeal for long-term residents with children and affect future resale value.
About 645 W 9th Street 529
Experience elevated DTLA living in this stylish residence at Market Lofts, ideally positioned in the heart of South Park. This light-filled home showcases an open-concept layout with expansive windows, exposed concrete ceilings, and contemporary finishes throughout. The thoughtfully designed interior features durable hard surface flooring, stainless steel appliances, quartz countertops, designer accent lighting, an in-unit washer/dryer, and a spacious walk-in closet. Enjoy tranquil views from your private balcony and enhanced privacy from this well-located unit, plus the convenience of a reserved parking space on the same level. Market Lofts is a sought-after live/work community offering resort-style amenities including a pool, spa, fitness center, media/screening room, clubhouse, and 24-hour security.Unmatched urban convenience with Ralphs located on the ground floor, and just moments from Whole Foods, LA Live, Crypto.com Arena, USC, FIDM, parks, dining, and entertainment. Ideal for end-users and investors alike. This is downtown living at its best. Water, trash, and sewer is covered by HOA.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 74,742 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $946.1 / Month
Neighborhood Insights
Los Angeles Unified Schools
Tenth Street Elementary School
Grades K-5 • 0.8 mi
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
Belmont Senior High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 600 | 990 | 2% |
| Lot Size | 74,742 | 44,570 | 78% |
| Price | $420.0K | $550.0K | 15% |
| Price per sq ft | $700 | $589 | 73% |
| Built year | 2006 | 2007 | 41% |
| HOA | $946.1 | $921 | 56% |
| Days on market | 9 | 213 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$420,000
Initial Listing
Sold
May 4, 2023
$437,000
Public Record
Sold
Feb 7, 2020
$446,500
Public Record
Sold
Aug 22, 2007
$440,000
Public Record