645 W 9th Street 720, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

645 W 9th Street 720, Los Angeles, California 90015 home-pic-0
ACTIVE$625,000
645 W 9th Street 720, Los Angeles, California 90015
1Bed
1Bath
890Sqft
74,720Lot
Year Built
2006
Close
-
List price
$625K
Original List price
$650K
Price/Sqft
$702
HOA
$819.2
Days on market
-
Sold On
-
MLS number
25522921
Home ConditionGood
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $625.0K(58th), sqft - 890(38th), beds - 1(50th), baths - 1(50th).

Experience the epitome of urban living in this top-floor corner unit at the Market Lofts (featured on HGTV's House Hunters) in the wonderful South Park neighborhood, featuring exceptional views of Downtown Los Angeles. The unit is awash with natural light from large windows accentuated by soaring 12-foot ceilings, and further complemented by two balconies. Beautiful hardwood floors flow throughout the space, which includes an adaptable sizable flex space (previously used as a second bedroom). The unit features new stainless steel appliances, in-unit washer and dryer, a Nest thermostat, and window shades for added privacy. The spacious layout incorporates an open closet for optimal storage. One reserved covered parking spot adds to the conveniences offered. The Market Lofts complex offers extensive common-area amenities designed to enhance your lifestyle. Enjoy a pool, jacuzzi, and gym for your fitness needs, as well as a movie theater room and clubhouse for entertainment. A BBQ area for outdoor gatherings, Amazon lockers for secure package delivery, and a 24-hour front desk security monitoring the premises. This unit places you right near Grand-Hope Park and a block from a Metro Station. You'll also enjoy close proximity to grocery stores, fine dining, shopping, and entertainment venues including Whole Foods, Ralph's, Philz, Target, The Bloc, LA Live, The Broad Museum, Walt Disney Concert Hall, and Grand Central Market. Experience the vibrant life of Los Angeles right at your doorstep. With so much to offer, this loft is the epitome of city life at its best.

Nearby schools

2/10
Tenth Street Elementary School
Public,K-50.8mi
3/10
John H. Liechty Middle School
Public,6-80.9mi
3/10
Belmont Senior High School
Public,9-121.1mi

Price History

Date
Event
Price
10/20/15
Sold
$585,000
03/13/08
Sold
$642,000
Condition Rating
Good

Built in 2006, this unit is 18 years old, placing it squarely within the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The kitchen features new stainless steel appliances, granite countertops, and modern cabinetry, all appearing well-maintained. Beautiful hardwood floors are present throughout the unit and are in excellent condition. The inclusion of a Nest thermostat indicates updated climate control. While specific bathroom images were not provided, the overall pristine condition, modern aesthetic, and recent updates suggest a well-kept property with functional systems and minimal wear and tear.
Pros & Cons

Pros

Unbeatable Urban Location: Direct access to Metro, major cultural attractions, dining, shopping, and essential services like Whole Foods, defining a highly desirable and walkable city lifestyle in the vibrant South Park neighborhood.
Premium Unit Features & Views: Top-floor corner unit with exceptional Downtown LA views, abundant natural light, soaring 12-foot ceilings, two balconies, and modern upgrades including new stainless steel appliances and a Nest thermostat.
Comprehensive Building Amenities: The Market Lofts complex provides a resort-like experience with a pool, jacuzzi, gym, movie theater, clubhouse, BBQ area, Amazon lockers, and 24-hour front desk security.
Flexible Living Space: The adaptable sizable flex space, previously used as a second bedroom, offers significant versatility for residents, catering to various lifestyle needs from a home office to an additional sleeping area.
Valuable Reserved Parking: A dedicated covered parking spot is a significant asset in a dense urban environment, offering convenience and peace of mind.

Cons

Substantial Association Fees: The monthly association fee of $819.2 is notably high, adding a considerable recurring cost to homeownership.
Single Official Bedroom: Despite the flexible space, the unit is officially a one-bedroom, which may limit its appeal to buyers requiring multiple private bedrooms or impact resale value compared to true multi-bedroom units.
Urban Environment Trade-offs: While offering vibrant city life, the downtown location inherently comes with potential for increased noise levels and density, which might not suit all preferences for quiet living.

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