NOT LISTED FOR SALE

Estimated Value: $408,000 - $601,000

-- Bed
1 Bath
790 Sq Ft
$795/mo HOA Fee

Last Sold April 26, 2023

Last sale price $480,000 $608 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,843/month

75 Days on Market

Highlights

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

About This Home

As of April 2023

Located in South Park, the epicenter of DTLA, is this beautiful, spacious, quiet corner unit in the highly sought-after Market Lofts. Premier location nestled directly over the Ralphs market and minutes away from the Staples center and freeway access. As one of the most popular floorplans, this home offers a sizeable galley kitchen with bar seating perfect for cooking and entertaining. A defined living/bedroom area and a spacious bathroom which leads to an oversized walk-in closet. The unit grabs tons of daylight, with one its best features, the balcony, perched right over the courtyard area, adding great outdoor space to the home. Market Lofts is one of the few buildings that boasts a number of amenities to be enjoyed by its residents. From the pool/spa, fitness center, theater and community room, you have a number of spaces to enjoy in addition to your home. With one parking space included and guest parking onsite in an attached parking garage, the value speaks for itself. Great investment or primary residence! You don't want to miss out on this opportunity!

Last Agent to Sell the Property

Nikole Adams

Compass License #01926654 Listed on: 01/11/2023

Compass

Co-Listed By

Courtney Butler

Compass License #02140092

Last Buyer's Agent

David Golovin

Real Estate eBroker Inc. License #01993096

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1.72

HOA Fees

  • $795 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Parking Garage Space

Property Views

  • Courtyard

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 790 Sq Ft Home
  • Vinyl Flooring
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Balcony
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-027-091

Community Details

Overview

  • 267 Units
  • Association Phone (661) 295-4900
  • 6-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,078

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$795 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Market Lofts HOA
  • Entry Floor: 3
  • Entry Location: Mid Level
  • Living Area: 790
  • Lot Acreage: 1.7153
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 6
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Washer
  • Inclusions: Water, Sewer, Trash, Gas, parking & amenities
  • Price Per S Q F T: 631.65

Exterior Features

  • Direction Faces: East
  • Patio: Balcony
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: City, City Lights, Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Covered Parking, Attached
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire Sprinklers, Smoke Detector, Firewall(s)
  • Sewer: In Connected and Paid

Association/Amenities

  • Amenities: Assoc Pet Rules, Clubhouse, Concierge, Controlled Access, Fitness Center, Elevator, Spa, Pool, Guest Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 795.24
  • Phone: 6612954900|
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5144-027-091
  • Lot Size Area: 74720

Multi Family

  • Number Of Units: 267

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2010
Sold by
Yeh Yu Yien and Chau Tsai Shia Yeh
Bought by
Liao Audrey and Liao Dorian
Current Estimated Value
$484,349

Purchase Details

Closed on
May 23, 2010
Sold by
Liao Audrey
Bought by
The Robert & Luann Williams Living Trust

Purchase Details

Closed on
May 17, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Yeh Yu Yen
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
Liao Audrey $300,000 Stewart Title Of California
The Robert & Luann Williams Living Trust $505,000 Landwood Title
Yeh Yu Yen $440,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $480,000 -3.8% $608 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $499,000 -5.0% $632 / Sq Ft
01/11/2023 01/11/23 For Sale $525,000 +5.0% $665 / Sq Ft
01/11/2022 01/11/22 Sold $500,000 -5.1% $633 / Sq Ft View Prior Sale
12/08/2021 12/08/21 Pending -- -- --
12/06/2021 12/06/21 Price Changed $527,000 -1.5% $667 / Sq Ft
10/18/2021 10/18/21 Price Changed $535,000 -0.6% $677 / Sq Ft
10/08/2021 10/08/21 Price Changed $538,000 -1.3% $681 / Sq Ft
09/09/2021 09/09/21 For Sale $545,000 +7.9% $690 / Sq Ft
06/08/2016 06/08/16 Sold $505,000 -2.9% $639 / Sq Ft View Prior Sale
05/18/2016 05/18/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $520,000 -- $658 / Sq Ft
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
2025 $6,078 $499,392 $150,858 $348,534
2024 $6,078 $489,600 $147,900 $341,700
2023 $6,320 $510,000 $153,000 $357,000
2022 $6,764 $563,333 $169,556 $393,777
2021 $6,676 $552,288 $166,232 $386,056
2019 $6,474 $535,908 $161,302 $374,606
2018 $6,462 $525,401 $158,140 $367,261
2016 $4,029 $324,675 $178,572 $146,103
2015 $3,967 $319,799 $175,890 $143,909
2014 $3,987 $313,536 $172,445 $141,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-230391

The MLS

APN: 5144-027-091