$442,000
SOLD AUG 19, 2014
1 Bed
1 Bath
720 Sq Ft
1.72 Acres

Recently Sold

$614 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 74,818 Sq Ft lot
  • 24-Hour Security
  • Gated Parking
  • 2-minute walk to Grand Hope Park

About This Home

As of March 2022

Beautiful Unit in South Park District, Downtown LA! Amazing Unit With Large Open Floorplan With Hardwood Floor Throughout and Upgraded Stainless Steel Appliances. Market Lofts Amenities Include Pool, Jacuzzi, Rec Room, Movie/Screening Room, Fitness Center, 24 Hr Front Desk Attendant, And 1 Parking Spot In Covered Attached Secured Garage. Very Conveniently Located On Top Of Ralph's Market, And Walking Distance To Staples Center, LA Live, Restaurants, and Entertainment.

Last Agent to Sell the Property

Peter Oh

Keller Williams Larchmont License #01925937 Listed on: 05/27/2014

Keller Williams Larchmont

Co-Listed By

Jane Sha

Berkshire Hathaway HomeServices California Properties License #01919568

Last Buyer's Agent

Johans Lin

License #01494840

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 2006

Home Design

  • Modern Architecture

Interior Spaces

  • 720 Sq Ft Home
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Gated Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-028-003

Community Details

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • 267 Units
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,445

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: MARKET LOFTS
  • Entry Floor: 6
  • Living Area: 720
  • Planned Urban Dev: 1
  • Unit Floor In Building: 6
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 638.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Elevator, Fitness Center, Gated Parking, Pool, Rec Multipurpose Rm, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 475.00

Lot Info

  • Assessor Parcel Number: 5144-028-003
  • Geocode Override: No
  • Lot Size Area: 74818

Multi Family

  • Number Of Units: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 11, 2022
Sold by
Kai Chang Wei
Bought by
Kim Felicia Juna
Seller's Agent
Johans Lin
Johans Lin, Broker
Buyer's Agent
Johans Lin
Johans Lin, Broker
List Price
$450,000
Sold Price
$421,000
Premium/Discount to List
-$29,000
-6.44%
Total Days on Market
21
Current Estimated Value
$458,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,047
Avg. Annual Appreciation
2.57%
Original Mortgage
$250,000
Outstanding Balance
$235,491
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$221,210

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 13, 2014
Sold by
Kim Jinhwan
Bought by
Chang Wei Kai
Seller's Agent
Peter Oh
Keller Williams Larchmont
Buyer's Agent
Johans Lin
List Price
$459,950
Sold Price
$442,000
Premium/Discount to List
-$17,950
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$140,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2008
Sold by
9Th Street Market Lofts Llc
Bought by
Kim Jinhwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $421,000 Lawyers Title
Grant Deed $442,000 Ticor Title Co
Grant Deed $420,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $82,400 Future Advance Clause Open End Mortgage
Previous Owner $146,000 New Conventional
Previous Owner $140,000 Adjustable Rate Mortgage/ARM
Previous Owner $336,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $421,000 -6.4% $585 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $450,000 0.0% $625 / Sq Ft
08/01/2019 08/01/19 Rented $2,150 0.0% --
07/19/2019 07/19/19 Price Changed $2,150 -4.4% $3 / Sq Ft
05/21/2019 05/21/19 Price Changed $2,250 -2.2% $3 / Sq Ft
04/10/2019 04/10/19 For Rent $2,300 +9.5% --
03/22/2017 03/22/17 Rented $2,100 -4.5% --
01/01/2017 01/01/17 For Rent $2,200 +4.8% --
11/18/2015 11/18/15 Rented $2,100 -4.5% --
08/24/2015 08/24/15 For Rent $2,200 0.0% --
08/19/2014 08/19/14 Sold $442,000 -3.9% $614 / Sq Ft
07/18/2014 07/18/14 For Sale $459,950 0.0% $639 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/08/2014 06/08/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $459,950 -- $639 / 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
2024 $5,445 $438,008 $84,272 $353,736
2023 $5,339 $429,420 $82,620 $346,800
2022 $6,019 $500,572 $67,949 $432,623
2021 $5,940 $490,758 $66,617 $424,141
2019 $5,760 $476,203 $64,642 $411,561
2018 $5,750 $466,867 $63,375 $403,492
2016 $5,500 $448,740 $60,915 $387,825
2015 $5,414 $442,000 $60,000 $382,000
2014 $4,496 $356,000 $107,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-764593

The MLS

APN: 5144-028-003