$598,000

Estimated payment $4,581/month

Total Views 101,245
2 Beds
2 Baths
1,030 Sq Ft
$581 Price per Sq Ft

Highlights

  • Fitness Center
  • In Ground Pool
  • Two Primary Bedrooms
  • 24-Hour Security
  • Gated Parking
  • 2-minute walk to Grand Hope Park

About This Home

Experience the best of Downtown LA South Park living in this stunning 2 bed, 2 bath condo at Market Lofts! This industrial loft features an open-concept layout (no dividing bedroom walls) and a spacious balcony overlooking a serene courtyard. It's a corner unit with no shared walls for ultimate privacy. The primary bedroom boasts a huge walk-in closet, while the secondary bedroom also offers a walk-in-closet, providing ample storage space. Both bathrooms feature full bathtubs with showers for ultimate comfort. Enjoy modern conveniences with central AC/heat (replaced in 2023), in-unit combo washer/dryer, and a fully-equipped open kitchen with a refrigerator, oven, microwave, and more. Market Lofts offers unbeatable amenities, including a theater room, fitness center, pool, spa, BBQ area, and secured garage parking. With 24/7 front desk service, security, and on-site management, convenience and peace of mind come standard. Located in a prime spot near Whole Foods, Pershing Square, Crypto Arena, LA Live, The Bloc, The Metro, and an array of top restaurants and vibrant shops. Ralph's is conveniently attached to the building.

Listing Agent

Tiffany Chin

Keller Williams Larchmont License #01819365 Listed on: 06/06/2025

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 2006

Lot Details

  • 1.72 Acre Lot
  • End Unit
  • Gated Home
  • Property is zoned LAC2

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • On-Street Parking

Property Views

  • City Lights
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor

Interior Spaces

  • 1,030 Sq Ft Home
  • Open Floorplan
  • Entryway
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Living Room Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-028-019

Community Details

Overview

  • Association fees include gas, trash, water, building and grounds
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Lobby
  • Reception Area

Recreation

  • Fitness Center
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,254

Year Built

Built in 2006

Lot Details

0

HOA Fees

$957 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Experience the best of Downtown LA's South Park at Market Lofts! This stunning 2-bed, 2-bath industrial loft features an open-concept layout (no dividing bedroom walls), a spacious balcony overlooking a serene courtyard, and a corner-unit location with no shared walls for ultimate privacy. The primary bedroom has a huge walk-in closet, while the secondary also includes a walk-in. Both bathrooms feature full bathtubs with showers. Enjoy modern conveniences like central AC/heat (new in 2023), in-unit washer/dryer, and a fully equipped kitchen. Market Lofts offers top-tier amenities, including a theater room, gym, pool, spa, BBQ area, and secured parking. With 24/7 front desk service, security, and on-site management, convenience comes standard. Located near Whole Foods, Crypto Arena, LA Live, The Bloc, The Metro, and top restaurants!
  • Complex Name: Market Lofts Community Association
  • Entry Floor: 6
  • Exclusions: staging
  • Living Area: 1030
  • Lot Acreage: 1.7158
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 6
  • Year Built: 2006
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Living Room Balcony, Open Floor Plan
  • Flooring: Hardwood
  • Appliances: Microwave, Range, Oven
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Primary Bedrooms, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Counter Top
  • Laundry: Inside, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Inclusions: dishwasher, microwave, fridge, stove/range, combo washer/dryer
  • Price Per S Q F T: 580.58

Exterior Features

  • Other Features: Balcony, End Unit
  • Exposure: SE
  • Patio: Balcony, Living Room Balcony
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: City Lights, Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Gated, Above Street Level, Community Garage, Covered Parking
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Billiard Room, Controlled Access, Exercise Room, Pool, Security, Clubhouse, Fitness Center, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Trash, Water, Building and Grounds
  • High Rise: Controlled Access, Entrance Lobby, Reception Desk
  • HOA Fees: 957.07
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-028-019
  • Lot Size Area: 74742

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 267

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,254 $432,221 $246,282 $185,939
2024 $5,254 $423,747 $241,453 $182,294
2023 $5,150 $415,439 $236,719 $178,720
2022 $4,910 $407,294 $232,078 $175,216
2021 $4,839 $399,309 $227,528 $171,781
2019 $4,691 $387,467 $220,780 $166,687
2018 $4,680 $379,870 $216,451 $163,419
2016 $4,465 $365,121 $208,047 $157,074
2015 $4,394 $359,637 $204,922 $154,715
2014 $4,414 $352,593 $200,908 $151,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Rent $3,000 0.0% --
06/06/2025 06/06/25 For Sale $598,000 0.0% $581 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $598,000 0.0% $581 / Sq Ft
04/29/2023 04/29/23 Rented $3,200 0.0% --
04/20/2023 04/20/23 Under Contract -- -- --
02/06/2023 02/06/23 For Rent $3,200 0.0% --
04/06/2022 04/06/22 Rented $3,200 0.0% --
04/04/2022 04/04/22 Under Contract -- -- --
03/21/2022 03/21/22 For Rent $3,200 +20.8% --
01/06/2016 01/06/16 Rented $2,650 0.0% --
12/21/2015 12/21/15 For Rent $2,650 +6.0% --
01/26/2015 01/26/15 Rented $2,500 -7.4% --
01/26/2015 01/26/15 Under Contract -- -- --
11/11/2014 11/11/14 For Rent $2,700 0.0% --
12/06/2012 12/06/12 Sold $351,000 -1.1% $341 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $355,000 -- $345 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $351,003 None Available
Grant Deed $601,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,800 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25543727

The MLS

APN: 5144-028-019