NOT LISTED FOR SALE

Estimated Value: $406,000 - $536,000

1 Bed
1 Bath
650 Sq Ft
$725/mo HOA Fee

Last Sold April 29, 2022

Last sale price $465,000 $715 Per Sq Ft

Current estimated payment $3,700/month

Highlights

  • Fitness Center
  • In Ground Pool
  • 1.72 Acre Lot
  • 24-Hour Security
  • City Lights View
  • 2-minute walk to Grand Hope Park

About This Home

As of April 2022

Vibrant and trendy! Welcome to the Market Lofts! Bright and open west facing industrial condo with high ceilings, ample sunlight coming through the floor-to-ceiling windows and glass door. The unit has 1 bedroom with a very spacious walk-in closet. It comes with a large living space, equipped with a modern designed kitchen. All appliances included, refrigerator, washer & dryer, and dishwasher. Unit comes with an oversized balcony. Be in awe with a view of the DTLA skyline. One parking space included. The community features include 24-hour concierge, BBQ area, swimming pool, spa, fitness center, community room with full kitchen, private screening room with wine fridge and kitchen. Proximity to countless eateries and coffee shops. Conveniently located near metro stations and all major freeways. Located within walking distance to Ralph's Market, L.A. Live, Staples, Whole Foods, Macy's, Target, and all of the best restaurants in DTLA.

Last Agent to Sell the Property

Christina Kim

Keller Williams Larchmont License #01431281 Listed on: 04/25/2022

Keller Williams Larchmont

Last Buyer's Agent

Norma Mardelli

License #01477249

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $725 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 650 Sq Ft Home
  • Wood Flooring
  • City Lights Views
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Automatic Gate

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-027-074

Community Details

Overview

  • 267 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,980

Year Built

Built in 2006

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Complex Name: Market Lofts Community Association
  • Entry Floor: 3
  • Living Area: 650
  • Lot Acreage: 1.7153
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 715.38

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Covered Parking, Assigned, Garage Is Attached
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Exterior Security Lights, Automatic Gate

Association/Amenities

  • Amenities: Assoc Barbecue, Clubhouse, Exercise Room, Pool, Security, Assoc Maintains Landscape, Controlled Access, Fitness Center, Spa, Onsite Property Management, Hot Water
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 725.05
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-027-074
  • Lot Size Area: 74720

Multi Family

  • Number Of Units: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Choi Joong Ho John
Total Days on Market
0
Current Estimated Value
$466,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Outstanding Balance
$133,118
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$333,750

Purchase Details

Closed on
Sep 1, 2010
Sold by
Alinas Maryann V
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 8, 2007
Sold by
Alinas Christian C
Bought by
Alinas Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Alinas Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Choi Joong Ho John $263,500 Ticor Title Riverside
Federal Home Loan Mortgage Corporation $315,388 Accommodation
Alinas Maryann -- First American Title Co
Alinas Maryann $448,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Joong Ho John $189,750
Previous Owner Alinas Maryann $67,200
Previous Owner Alinas Maryann $358,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $465,000 0.0% $715 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $465,000 0.0% $715 / Sq Ft
03/02/2021 03/02/21 Rented $2,100 -2.3% --
02/25/2021 02/25/21 Under Contract -- -- --
01/11/2021 01/11/21 For Rent $2,150 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,980 $483,786 $145,656 $338,130
2023 $5,864 $474,300 $142,800 $331,500
2022 $3,878 $318,106 $181,690 $136,416
2021 $3,825 $311,870 $178,128 $133,742
2020 $3,860 $308,673 $176,302 $132,371
2019 $3,710 $302,622 $172,846 $129,776
2018 $3,702 $296,689 $169,457 $127,232
2016 $3,537 $285,171 $162,878 $122,293
2015 $3,482 $280,889 $160,432 $120,457
2014 $3,501 $275,388 $157,290 $118,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-146637

The MLS

APN: 5144-027-074