NOT LISTED FOR SALE

Estimated Value: $375,000 - $524,000

1 Bed
1 Bath
695 Sq Ft
$783/mo HOA Fee

Last Sold May 05, 2023

Last sale price $422,000 $607 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,488/month

61 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • In Ground Pool
  • Boat Dock
  • 24-Hour Security
  • 2-minute walk to Grand Hope Park

About This Home

As of May 2023

**LISTING AGENT WILL PAY FOR 3 MONTHS OF HOA DUES!** VIRTUAL TOUR: bit.ly/ML-429 Marvel at this immaculately kept industrial styled home with incredible park side views. Situated in the recently updated Market Lofts, enjoy rich hardwood floors throughout, smooth concrete walls and ceiling, and appealing soft-loft accents and decor all around. From the main living room, appreciate a soothing Southwestern exposure with views of Grand Hope Park, highlighting the iconic mosaic tiled clock tower. In the adjacent kitchen, delight in flawless granite countertops, all stainless-steel appliances with a gas range, and an abundance of cabinet storage. The bedroom features an open loft bedroom concept while around the corner sits the full bathroom offering a spacious walk-in closet, complete tub and shower enclosure, and a stacked washer and dryer in the hallway. Market Lofts provides a collection of amenities including an updated pool, spa, BBQ grilling station, resident's lounge with a full kitchen and billiards table, newly remodeled theater screening room, fitness center, package storage lockers, massive loading dock, on-site management, and 24-hour security & concierge. Conveniently located above Ralphs and only blocks away from Whole Foods, Target, The Bloc, FIGat7th, Metro Station (7th & Metro), FIDM Campus, LA Live, Crypto.com Arena, and several highly acclaimed restaurants.

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 02/02/2023

Coldwell Banker Exclusive

Last Buyer's Agent

Anthony Mangahis Labao

Lou Edwards Financial License #02008739

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $783 Monthly HOA Fees

Property Views

  • Trees
  • Park or Greenbelt

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 695 Sq Ft Home
  • Built-In Features
  • Living Room
  • Loft

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Parking

  • 1 Car Attached Garage
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-027-124

Community Details

Overview

  • Association fees include trash, water and sewer paid, security, gas, concierge, building and grounds
  • 267 Units
  • Maintained Community
  • 7-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Elevator
  • Community Mailbox

Recreation

  • Boat Dock
  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,245

Year Built

Built in 2006

Lot Details

0

HOA Fees

$783 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Market Lofts
  • Entry Floor: 4
  • Living Area: 695
  • Lot Acreage: 1.7153
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 7
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside, Laundry Closet Stacked, In Closet, Room
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Freezer, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven, Recirculated Exhaust Fan, Network Wire, Stackable W/D Hookup
  • Fireplace: No
  • Price Per S Q F T: 617.27

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City, City Lights, Tree Top, Park
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Controlled Entrance, Garage, Garage Is Attached, Private Garage, Covered Parking
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Earth Quake Ins: 0
  • Heating: Central, Heat Pump
  • Security: 24 Hour, Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector, Carbon Monoxide Detector(s), Guarded, T.V., Community, Owned, Automatic Gate

Association/Amenities

  • Community Features: Community Dock, Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Fitness Center, Billiard Room, Clubhouse, Gated Parking, Hot Water, Pool, Security, Spa, Sun Deck, Concierge, Conference, Dock, Outdoor Cooking Area, Onsite Property Management, Rec Multipurpose Rm
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Security, Gas, Concierge, Building and Grounds
  • HOA Fees: 783.38
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-027-124

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 267

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Birdsill Karen J and Gibbs Birdsill Family Trust
Bought by
Gibbs Brandon
Current Estimated Value
$432,620

Purchase Details

Closed on
May 4, 2017
Sold by
Birdsill Karen
Bought by
Birdsill Karen J and Gibbs Birdsill Family Trust

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 25, 2013
Sold by
Birdsill William Allan
Bought by
Birdsill Karen
Seller's Agent
Steve Kim
Best Realty & Investment, Inc.
Buyer's Agent
David Kim
Best Realty & Investment, Inc.
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 25, 2013
Sold by
Choi Ung J
Bought by
Birdsill Karen
Seller's Agent
Steve Kim
Best Realty & Investment, Inc.
Buyer's Agent
David Kim
Best Realty & Investment, Inc.
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Choi Mun Hwa
Bought by
Choi Ung J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Federal National Mortgage Association
Bought by
Choi Ung J and Choi James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Porter Betty J
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Porter Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibbs Brandon -- None Available
Birdsill Karen J -- None Available
Birdsill Karen -- Chicago Title Company
Birdsill Karen $350,000 Chicago Title Company
Choi Ung J -- Lsi Title Company Ca
Choi Ung J $298,000 Lsi Title Company Ca
Federal National Mortgage Association $384,667 Accommodation
Porter Betty J $437,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Ung J $150,000
Previous Owner Porter Betty J $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $422,000 -1.6% $607 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $429,000 -1.8% $617 / Sq Ft
02/02/2023 02/02/23 For Sale $437,000 +24.9% $629 / Sq Ft
08/02/2013 08/02/13 Sold $350,000 -5.1% $583 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $369,000 -- $615 / 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 $5,245 $439,048 $132,130 $306,918
2024 $5,245 $430,440 $129,540 $300,900
2023 $5,111 $412,383 $294,561 $117,822
2022 $4,873 $404,298 $288,786 $115,512
2021 $4,809 $396,372 $283,124 $113,248
2020 $4,855 $392,308 $280,221 $112,087
2019 $4,664 $384,617 $274,727 $109,890
2018 $4,655 $377,077 $269,341 $107,736
2016 $4,450 $362,436 $258,883 $103,553
2015 $4,382 $356,993 $254,995 $101,998
2014 $4,403 $350,000 $250,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-237529

The MLS

APN: 5144-027-124