NOT LISTED FOR SALE

Estimated Value: $413,000 - $491,000

1 Bed
1 Bath
800 Sq Ft
$870/mo HOA Fee

Last Sold July 17, 2024

Last sale price $435,000 $544 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,918/month

26 Days on Market

Highlights

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

About This Home

As of July 2024

Steps away from LA live, the Market Loft community is a contemporary urban retreat in the vibrant heart of Los Angeles. This stylish one-bedroom, one-bathroom condo features an open-concept layout and sleek hardwood floors and expansive windows that flood the space with natural light, and in unit laundry. The modern kitchen boasts stainless steel appliances, granite countertops, and ample cabinetry. With over 800 square feet, and an open concept unit, the spacious bedroom offers a tranquil escape with a generous closet and a chic en-suite bathroom. Enjoy luxury amenities including a rooftop pool, fitness center, and 24-hour concierge. Located steps away from premier dining, shopping, and entertainment, this residence embodies the best of city living. The amenities for the Market Loft community include pool table and barbeque, pool & spa, movie theater, gym & club room.

Last Agent to Sell the Property

Samuel Lavi

Luxury Collective Brokerage Phone: 310-625-4172 License #02084929 Listed on: 06/05/2024

Co-Listed By

Eric Delgado

Luxury Collective Brokerage Phone: 310-625-4172 License #01831579

Last Buyer's Agent

Agnes Ferreyra

Realty Source Incorporated License #01799633

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,166

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $870 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Garage Door Opener
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Courtyard

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Tile Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft
  • Laminate Flooring
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Heated Pool
  • Fence Around Pool

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53965
  • Assessor Parcel Number 5144027089
  • $205 per year additional tax assessments

Community Details

Overview

  • 267 Units
  • Market Lofts Association, Phone Number (310) 730-1989
  • Community Association
  • Lee Homes

Recreation

  • Fitness Center
  • Community Spa

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,166

Year Built

Built in 2006

Lot Details

0

HOA Fees

$870 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144027089
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 543.75
  • Room Type: Living Room, Loft, Walk-In Closet

Exterior Features

  • View: City Lights, Courtyard, Pool
  • Pool Features: Community, Fenced, Heated
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Community Structure, Controlled Entrance, Covered, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Recirculated Exhaust Fan, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room
  • Association Fee: 870.00
  • Association Fee Frequency: Monthly
  • Association Name: Market Lofts
  • Phone: 310-730-1989
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Community Association

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 74742.00
  • Lot Size Acres: 1.7158
  • Latitude Manual: 34.04581000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 74742.0000 Square Feet
  • Number Of Units In Community: 267
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2077.11
  • Tax Lot: 2
  • Tax Tract Number: 53965
  • TaxOtherAnnualAssessmentAmount: 205.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 10, 2024
Sold by
Reddy Mouni
Bought by
Cheung Jina
Seller's Agent
Samuel Lavi
Luxury Collective
Buyer's Agent
Agnes Ferreyra
Realty Source Incorporated
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Views
61
Current Estimated Value
$460,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,035
Avg. Annual Appreciation
15.02%

Purchase Details

Listed on
Aug 25, 2017
Closed on
Jan 4, 2018
Sold by
Panaligan Reginald A
Bought by
Reddy Mouni
Seller's Agent
Rasmus Ray Lee
Premier Real Estate Broker, Inc.
Buyer's Agent
Teresa Cho
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.70%
Original Mortgage
$416,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2013
Sold by
Panaligan Reginald A
Bought by
Panaligan Reginald A and Huff Leslie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Law Su
Bought by
Panaligan Reginald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Pryor Kelly Nicole
Bought by
Law Su and Law Frankie

Purchase Details

Closed on
Sep 5, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Pryor Kelly Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cheung Jina $435,000 Lawyers Title Company
Reddy Mouni $520,000 Old Republic Title Company
Panaligan Reginald A -- Pacific Coast Title
Panaligan Reginald A $322,003 Fatcola
Law Su -- None Available
Pryor Kelly Nicole $493,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Mouni $355,150
Previous Owner Reddy Mouni $416,000
Previous Owner Panaligan Reginald A $363,750
Previous Owner Panaligan Reginald A $282,000
Previous Owner Panaligan Reginald A $284,000
Previous Owner Pryor Kelly Nicole $493,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $435,000 -3.3% $544 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $450,000 -5.3% $563 / Sq Ft
06/05/2024 06/05/24 For Sale $475,000 0.0% $594 / Sq Ft
06/02/2023 06/02/23 Rented $2,650 0.0% --
06/02/2023 06/02/23 Under Contract -- -- --
05/26/2023 05/26/23 For Rent $2,650 0.0% --
01/11/2018 01/11/18 Sold $520,000 -2.6% $650 / Sq Ft
09/29/2017 09/29/17 Price Changed $534,000 -0.9% $668 / Sq Ft
08/25/2017 08/25/17 For Sale $539,000 0.0% $674 / Sq Ft
04/25/2016 04/25/16 Rented $2,400 0.0% --
04/20/2016 04/20/16 For Rent $2,400 0.0% --
04/19/2016 04/19/16 Under Contract -- -- --
04/10/2016 04/10/16 Off Market $2,400 -- --
03/09/2016 03/09/16 For Rent $2,400 +9.1% --
03/12/2014 03/12/14 Rented $2,200 0.0% --
02/25/2014 02/25/14 Under Contract -- -- --
02/12/2014 02/12/14 For Rent $2,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $7,166 $435,000 $304,500 $130,500
2024 $7,166 $580,067 $334,654 $245,413
2023 $7,026 $568,694 $328,093 $240,601
2022 $6,698 $557,544 $321,660 $235,884
2021 $6,611 $546,612 $315,353 $231,259
2019 $6,411 $530,400 $306,000 $224,400
2018 $4,431 $355,455 $245,066 $110,389
2016 $4,233 $341,653 $235,550 $106,103
2015 $4,167 $336,522 $232,012 $104,510
2014 $4,103 $329,931 $227,468 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24108017

California Regional Multiple Listing Service (CRMLS)

APN: 5144-027-089