$533,000 - $675,000
RENTED JAN 28, 2025
-- Bed
2 Baths
1,020 Sq Ft
1.72 Acres

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 1.72 Acre Lot
  • 24-Hour Security
  • City Lights View
  • 2-minute walk to Grand Hope Park

About This Home

As of January 2025

Discover your dream home at Market Lofts in Downtown LA. This modern, spacious loft epitomizes the best of city living with its contemporary design, open-concept layout, and prime location. As you step into the loft, you are greeted by an expansive open floor plan that seamlessly integrates the living, dining, and kitchen areas. Large windows flood the space with natural light. The exposed concrete ceilings, ductwork and wood floors add a touch of industrial chic. Sliding glass doors lead out to a private balcony, offering stunning city views and a perfect spot for morning coffee or evening relaxation. The kitchen is a chef's dream, featuring sleek cabinetry, stainless steel appliances, and an eat-in counter. Flanking the living room are two spacious bedrooms, each with its own ensuite bath and ample walk-in closet. The master bedroom is a serene retreat with a large window that lets in plenty of natural light. The second bedroom, equally spacious and well-appointed, offers flexibility as a bedroom, home office, or additional living space. Sliding barn doors add a rustic yet modern touch and provide privacy when needed. Market Lofts boasts an impressive array of amenities on the second level, including a pool deck with a swimming pool and spa, a club room perfect for private events, a BBQ area, a well-equipped gym, and a private screening room. Whether you are hosting friends, relaxing after a long day, or exploring the vibrant city life just outside your door, this loft provides the ideal setting for all your desires.

Last Agent to Rent the Property

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 01/17/2025

Last Renter's Agent

Brandon Buhr

PLG Estates License #01458815

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 2006

Lot Details

  • 1.72

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,020 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for electricity, cable TV, move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5144-028-018

Community Details

Overview

  • Low-Rise Condominium
  • 7-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,477

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Security Deposit: 3000
  • Tenant Pays: Electricity, Cable TV, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1020
  • Lot Acreage: 1.7158
  • Stories: 7
  • Year Built: 2006
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood, Tile
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Microwave, Garbage Disposal
  • Price Per S Q F T: 2.94

Exterior Features

  • Pool Description: Association Pool, Heated And Filtered
  • Pool: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned, Controlled Entrance, Above Street Level
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Barbecue, Assoc Pet Rules, Hot Water, Controlled Access, Clubhouse, Security, Sun Deck, Fitness Center, Elevator, Pool
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5144-028-018
  • Lot Size Area: 74742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2019
Sold by
Zhang Yiqing
Bought by
Zhang Yiqing
Current Estimated Value
$600,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$342,356
Interest Rate
3.6%
Estimated Equity
$279,243

Purchase Details

Closed on
Aug 6, 2019
Sold by
Mak Chi Ming
Bought by
Zhang Yiqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$342,356
Interest Rate
3.6%
Estimated Equity
$279,243

Purchase Details

Closed on
Nov 24, 2009
Sold by
9Th Street Market Lofts Llc
Bought by
Zhang Yiqing
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhang Yiqing -- Provident Title Company
Zhang Yiqing -- Provident Title Company
Zhang Yiqing $410,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yiqing $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Rented $3,000 0.0% --
01/17/2025 01/17/25 For Rent $3,000 +0.2% --
05/20/2023 05/20/23 Rented $2,995 0.0% --
04/27/2023 04/27/23 For Rent $2,995 +3.3% --
09/10/2014 09/10/14 Rented $2,900 -1.7% --
09/10/2014 09/10/14 Under Contract -- -- --
08/14/2014 08/14/14 For Rent $2,950 -- --
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 $6,477 $529,221 $387,241 $141,980
2024 $6,477 $518,846 $379,649 $139,197
2023 $6,350 $508,673 $372,205 $136,468
2022 $6,055 $498,700 $364,907 $133,793
2021 $5,973 $488,922 $357,752 $131,170
2019 $5,710 $474,423 $347,142 $127,281
2018 $5,698 $465,122 $340,336 $124,786
2016 $5,440 $447,063 $327,121 $119,942
2015 $5,354 $440,349 $322,208 $118,141
2014 $5,376 $431,724 $315,897 $115,827
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25-484891

The MLS

APN: 5144-028-018