NOT LISTED FOR SALE

Estimated Value: $695,000 - $735,000

2 Beds
2 Baths
1,090 Sq Ft
$1,164/mo HOA Fee

Last Sold June 24, 2025

Last sale price $720,000 $661 Per Sq Ft

Current estimated payment $5,720/month

13 Days on Market

Highlights

  • Fitness Center
  • Home Theater
  • City Lights View
  • Gated with Attendant
  • In Ground Pool
  • 2-minute walk to Grand Hope Park

About This Home

As of June 2025

Welcome to Market Lofts #603, a bright and spacious 2-bedroom, 2-bath corner unit in the heart of DTLA's South Park neighborhood. Located on the 6th floor above 9th & Flower, this front-facing corner residence offers excellent natural light, a functional layout, and the ultimate in walkable city living.The unit features brand new wide-plank oak flooring throughout, a large open-concept living and dining space, and a generous kitchen with granite countertops, stainless steel appliances, and ample prep space. Both bedrooms are oversized, with the primary suite offering a walk-in closet and an updated en-suite bathroom. The second full bath has also been tastefully renovated.All furnishings are included with the sale, making this a turnkey opportunity for an end user or investor.Unit 603 comes with two side-by-side parking spaces on the same level (spaces 379 and 381), just steps from your front door.Residents at Market Lofts enjoy access to a full suite of resort-style amenities, including a pool, spa, gym, rec lounge, private screening room, BBQ area, and concierge/security services.Located directly above Ralphs and just steps to Whole Foods, LA Live, Crypto.com Arena, Philz, Bottega Louie, and some of the best restaurants in Downtown LA.

Last Agent to Sell the Property

Andrew Rayas

Compass License #01998975 Listed on: 05/19/2025

Compass

Co-Listed By

Javier Camorlinga

COMPASS License #02243721

Last Buyer's Agent

Connie Stewart

Century 21 Masters License #01132899

Century 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,025

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Modern Architecture
  • Entry on the 6th floor

Interior Spaces

  • 1,090 Sq Ft Home
  • Furnished
  • Breakfast Room
  • Home Theater
  • Engineered Wood Flooring
  • Laundry in unit

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-028-004

Community Details

Overview

  • 267 Units
  • Association Phone (213) 327-0562
  • 7-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,025

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,164 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Market Lofts HOA
  • Entry Floor: 6
  • Living Area: 1090
  • Lot Acreage: 1.7158
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 6
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • 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: 2.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Freezer, Garbage Disposal
  • Inclusions: all furniture and fixtures included.
  • Price Per S Q F T: 668.81

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Community, Guarded

Association/Amenities

  • Amenities: Fitness Center, Elevator, Sun Deck, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1164.00
  • Phone: 2133270562|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-028-004
  • Lot Size Area: 74742

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jun 13, 2025
Sold by
Glory Dolphin Hammes Trust and Hammes Glory Dolphin
Bought by
Kim Myung Boon
Seller's Agent
Andrew Rayas
Compass
Buyer's Agent
Connie Stewart
Century 21 Masters
List Price
$729,000
Sold Price
$720,000
Premium/Discount to List
-$9,000
-1.23%
Views
55
Current Estimated Value
$716,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,277
Avg. Annual Appreciation
-1.74%

Purchase Details

Closed on
May 23, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Andrews Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.41%
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
Kim Myung Boon $720,000 Consumers Title Company
Andrews Helen $800,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Helen $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2025 06/24/25 Sold $720,000 -1.2% $661 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $729,000 -0.1% $669 / Sq Ft
07/10/2023 07/10/23 Sold $730,000 -2.5% $670 / Sq Ft View Prior Sale
06/13/2023 06/13/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $749,000 -2.6% $687 / Sq Ft
06/01/2023 06/01/23 For Sale $769,000 0.0% $706 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $769,000 0.0% $706 / Sq Ft
04/20/2021 04/20/21 Rented $3,350 0.0% --
03/18/2021 03/18/21 For Rent $3,350 -4.3% --
11/16/2019 11/16/19 Rented $3,500 0.0% --
10/24/2019 10/24/19 For Rent $3,500 -7.8% --
06/20/2018 06/20/18 Rented $3,795 0.0% --
06/13/2018 06/13/18 For Rent $3,795 +5.4% --
03/29/2017 03/29/17 Rented $3,600 0.0% --
03/12/2017 03/12/17 For Rent $3,600 -- --
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 $9,025 $744,600 $224,400 $520,200
2024 $9,025 $730,000 $220,000 $510,000
2023 $8,359 $675,000 $202,800 $472,200
2022 $8,869 $739,000 $222,000 $517,000
2021 $8,583 $710,000 $213,500 $496,500
2019 $9,451 $785,000 $236,000 $549,000
2018 $9,620 $785,000 $236,000 $549,000
2016 $8,811 $722,000 $217,000 $505,000
2015 $6,934 $565,000 $170,000 $395,000
2014 $6,987 $556,000 $167,000 $389,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25540725

The MLS

APN: 5144-028-004