NOT LISTED FOR SALE

Market Loft Condos 645 W 9th St Unit 544 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $458,000 - $530,000

1 Bed
1 Bath
897 Sq Ft
$807/mo HOA Fee

Last Sold March 31, 2023

Last sale price $540,000 $602 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,976/month

15 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Automatic Gate
  • 24-Hour Security
  • In Ground Pool
  • 2-minute walk to Grand Hope Park

About This Home

As of March 2023

Market Lofts is in the beautiful South Park neighborhood of Downtown Los Angeles, now fondly referred to by many as "DTLA," and is in close walking distance to many great conveniences and attractions, including a 50,000 square foot "panty" on the ground floor, Ralphs Fresh Fare, which is open 5am to 1am! Here are some of the other terrific things within a five to ten minute walk: Whole Foods, Smart & Final Grocery, Bottega Louie, Walgreens, JOEY DTLA, Macy's, The Bloc, 7th Metro Station, Crypto.com Arena and LA Live, the Los Angeles Athletic Club, The LA Central Library, Target, FIG AT 7th, and dozens of restaurants, to name just a few. This is an incredible corner unit, creating cross-breeze ventilation, and is bright and open. It has a wonderful kitchen, tremendous counter space, a very large bedroom area with sliding door, a big bathroom with a big tub/shower, and a walk-in closet with built-ins. Market lofts has a lovely pool area, BBQ, community room and gym. The unit is vacant, in "move-in" condition, and the owner can close very fast!

Last Agent to Sell the Property

Hal Bastian

Amalgamated Metropolitan Properties, Inc License #00854666 Listed on: 01/20/2023

Last Buyer's Agent

Michael Robleto

COMPASS License #01980172

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

Parking

  • 1 Car Garage
  • Private Parking
  • Garage Door Opener
  • Automatic Gate
  • On-Street Parking
  • Controlled Entrance

Property Views

  • Park or Greenbelt

Home Design

  • Modern Architecture
  • Entry on the 5th floor
  • Fire Rated Drywall

Interior Spaces

  • 897 Sq Ft Home
  • Blinds
  • Entryway
  • Living Room
  • Dining Area
  • Loft
  • Center Hall
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Additional Features

  • In Ground Pool
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5144-027-184

Community Details

Overview

  • 236 Units
  • Maintained Community
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Card Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,735

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$807 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Market Lofts
  • Disability Access: DisabilityAccess
  • Entry Floor: 5
  • Entry Location: Foyer
  • Living Area: 897
  • Lot Acreage: 1.7153
  • Planned Urban Dev: 0
  • Property Condition: No Additions/Alter, New Construction
  • Stories: 7
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Wood Laminate
  • Appliances: Cooktop - Gas, Microwave, Oven
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Cable, Dishwasher, Garbage Disposal, Elevator, Microwave, Ice Maker, Range/Oven, Refrigerator, Stackable W/D Hookup, Water Line to Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 620.00
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, Pool, Park
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Above Street Level, Assigned, Auto Driveway Gate, Community Garage, Controlled Entrance, Covered Parking, Door Opener, Gated, Private
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water District: LADWP
  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Fire Sprinklers, Gated, Guarded, Smoke Detector, Card/Code Access, Fire and Smoke Detection System, Fire Rated Drywall
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Clubhouse, Card Room, Controlled Access, Elevator, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 493.03
  • HOA Fees: 314.19
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-027-184
  • Lot Location: City
  • Lot Size Area: 74720

Multi Family

  • Number Of Units: 236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 13, 2017
Sold by
Wilkins Walter Keen
Bought by
Liang Stephen and Liang Jenny
Seller's Agent
Greg Stangl
The Agency
Buyer's Agent
CAROL LI
List Price
$599,500
Sold Price
$552,500
Premium/Discount to List
-$47,000
-7.84%
Current Estimated Value
$497,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,142
Avg. Annual Appreciation
-1.24%
Original Mortgage
$300,000
Outstanding Balance
$154,342
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$343,016

Purchase Details

Closed on
Mar 3, 2011
Sold by
Federal National Mortgage Association
Bought by
Wilkins Walter Keen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Leibson Norman H and Leibson Jeri E
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 28, 2007
Sold by
Leibson Norman H and Leibson Jeri E
Bought by
Leibson Jeri E and Jack & Sylvia Amber Trust

Purchase Details

Closed on
Jun 12, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Leibson Norman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,375
Interest Rate
6.75%
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
Liang Stephen $552,500 Chicago Title Company
Wilkins Walter Keen $300,000 Lawyers Title Company
Fannie Mae $426,790 Accommodation
Leibson Jeri E -- None Available
Leibson Norman H $524,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Stephen $300,000
Previous Owner Wilkins Walter Keen $285,000
Previous Owner Leibson Norman H $393,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $540,000 -3.1% $602 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $557,000 +0.8% $621 / Sq Ft
05/26/2017 05/26/17 Sold $552,500 -7.8% $674 / Sq Ft View Prior Sale
03/01/2017 03/01/17 For Sale $599,500 0.0% $731 / Sq Ft
12/17/2015 12/17/15 Rented $2,400 0.0% --
11/30/2015 11/30/15 For Rent $2,400 -- --
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 $6,735 $561,816 $166,464 $395,352
2024 $6,735 $550,800 $163,200 $387,600
2023 $7,601 $616,317 $184,615 $431,702
2022 $7,165 $604,234 $180,996 $423,238
2021 $7,070 $592,388 $177,448 $414,940
2020 $7,138 $586,315 $175,629 $410,686
2019 $6,854 $574,820 $172,186 $402,634
2018 $6,840 $563,550 $168,810 $394,740
2016 $3,951 $324,675 $178,572 $146,103
2015 $3,888 $319,799 $175,890 $143,909
2014 $3,906 $313,536 $172,445 $141,091
Source: Public Records

Agents Affiliated with this Home

  • Hal Bastian

    Seller's Agent in 2023

    Hal Bastian

    Amalgamated Metropolitan Properties, Inc

    (213) 440-0242

    7 in this area

    10 Total Sales

    Hal Bastian
    Section Image

  • M

    Buyer's Agent in 2023

    Michael Robleto

    COMPASS

    Section Image
  • Greg Stangl

    Seller's Agent in 2017

    Greg Stangl

    The Agency

    (213) 327-5436

    31 in this area

    46 Total Sales

    Greg Stangl
    Section Image
  • Arrington Williams

    Seller Co-Listing Agent in 2017

    Arrington Williams

    The Agency

    (323) 356-2399

    18 in this area

    55 Total Sales

    Arrington Williams
    Section Image

  • C

    Buyer's Agent in 2017

    CAROL LI

  • T

    Seller Co-Listing Agent in 2015

    Thomas Ferda

    Ashby & Graff

    Section Image
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About Market Loft Condos

Map

Source: The MLS

MLS Number: 23-234489

The MLS

APN: 5144-027-184

California Los Angeles County Los Angeles 90015 Downtown LA

645 W 9th St Unit 544, Los Angeles, CA

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