$463,500
SOLD MAY 2, 2025
1 Bed
1 Bath
780 Sq Ft
1.72 Acres

Recently Sold

$594 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

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

About This Home

As of May 2025

Seller’s Special Offers:

* $0 HOA fees for the first year, providing extra savings on your new home.
* 4.99% 30yr Fixed with 10% down @ 7.252% APR (2-1 buydown), making this an incredible opportunity to enjoy luxury downtown living with extra savings!

Experience the pinnacle of urban living in this exceptional condominium located within the renowned Market Lofts. This contemporary residence offers a sophisticated blend of modern design and unparalleled convenience in the heart of downtown Los Angeles.

This modern loft is one of only 10 units that features two large balconies, allowing abundant natural light to flow through and providing the perfect indoor-outdoor living experience. The entertainer's kitchen boasts stone countertops, stainless steel appliances, and a spacious island, seamlessly flowing into the open-concept living area—ideal for hosting guests or enjoying a quiet evening at home. The bedroom offers a generous closet leading to the en-suite bathroom.

Residents enjoy unparalleled access to the best dining, shopping, and entertainment that downtown LA has to offer. With Ralphs Market conveniently located on the ground floor and proximity to Whole Foods, The Bloc, LA Live, Crypto.com Arena, and more, this location epitomizes urban convenience.

Don’t miss this opportunity to own a piece of the vibrant downtown Los Angeles lifestyle.

Last Agent to Sell the Property

Kelvin Thai

NAMY Inc. Brokerage Phone: 310-404-6356 License #01903997 Listed on: 03/28/2025

Co-Listed By

Ngoc Tran

NAMY Inc. Brokerage Phone: 310-404-6356 License #02190599

Last Buyer's Agent

Andrea Garcia

LPT Realty, Inc. License #02015983

LPT Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,612

Year Built

  • Built in 2006

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Modern Architecture
  • Turnkey
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 780 Sq Ft Home
  • Sliding Doors
  • Family Room Off Kitchen
  • Wood Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Concrete Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53965
  • Assessor Parcel Number 5144027128
  • $201 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • 267 Units
  • Market Lofts Association, Phone Number (213) 327-0562
  • Market Lofts HOA
  • 7-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Spa
  • Dog Park

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,612

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: Kelvin
  • Other Phone Description: 310-404-6356
  • Property Attached: Yes
  • Road Frontage Type: Access Road, City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated with Guard, Resident Manager
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144027128
  • Year Built: 2006
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 7
  • Entry Location: Front Lobby
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 594.23
  • Room Type: Primary Suite
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: City Lights
  • Fence: No
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area
  • Association Fee Frequency: Monthly
  • Association Name: Market Lofts
  • Phone: 213-327-0562
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park
  • Association Management: Market Lofts HOA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 74742.00
  • Lot Size Acres: 1.7158

Multi Family

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

Tax Info

  • Tax Census Tract: 2077.11
  • Tax Lot: 2
  • Tax Tract Number: 53965
  • TaxOtherAnnualAssessmentAmount: 201.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 30, 2025
Sold by
Bui Linda Ann
Bought by
Randall Family Realty Trust and Randall
Seller's Agent
Kelvin Thai
NAMY Inc.
Buyer's Agent
Andrea Garcia
LPT Realty, Inc.
List Price
$485,000
Sold Price
$463,500
Premium/Discount to List
-$21,500
-4.43%
Views
48
Current Estimated Value
$464,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$967
Avg. Annual Appreciation
0.65%

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 14, 2020
Sold by
Givens Mark S
Bought by
Bui Linda Ann
Seller's Agent
Mark S. Givens
Mark S. Givens, Esq.
Buyer's Agent
Cheryl Ann David
Compass
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Original Mortgage
$494,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Givens Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
6.57%
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 Type Sale Price Title Company
Grant Deed $463,500 Fidelity National Title
Grant Deed $510,000 Wfg National Title
Interfamily Deed Transfer -- Wfg National Title
Grant Deed $476,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $494,700 New Conventional
Previous Owner $380,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $463,500 -4.4% $594 / Sq Ft
03/28/2025 03/28/25 For Sale $485,000 -4.9% $622 / Sq Ft
09/02/2020 09/02/20 Sold $510,000 +2.0% $654 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $499,900 0.0% $641 / Sq Ft
04/26/2015 04/26/15 Rented $2,200 0.0% --
04/26/2015 04/26/15 Under Contract -- -- --
04/03/2015 04/03/15 For Rent $2,200 +4.8% --
03/15/2014 03/15/14 Rented $2,100 0.0% --
03/13/2014 03/13/14 Under Contract -- -- --
03/05/2014 03/05/14 For Rent $2,100 0.0% --
01/16/2013 01/16/13 Rented $2,100 0.0% --
01/16/2013 01/16/13 Under Contract -- -- --
12/19/2012 12/19/12 For Rent $2,100 -- --
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 $6,612 $552,038 $162,364 $389,674
2024 $6,612 $541,215 $159,181 $382,034
2023 $6,481 $530,604 $156,060 $374,544
2022 $6,177 $520,200 $153,000 $367,200
2021 $6,177 $510,000 $150,000 $360,000
2020 $6,956 $571,689 $171,744 $399,945
2019 $6,678 $560,480 $168,377 $392,103
2018 $6,665 $549,491 $165,076 $384,415
2016 $6,370 $528,156 $158,667 $369,489
2015 $5,791 $480,000 $145,000 $335,000
2014 $4,588 $370,000 $112,000 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25068046

California Regional Multiple Listing Service (CRMLS)

APN: 5144-027-128