NOT LISTED FOR SALE

Estimated Value: $415,000 - $575,000

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

Last Sold October 10, 2023

Last sale price $512,500 $625 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,871/month

130 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • City Lights View
  • 24-Hour Security
  • Automatic Gate
  • 2-minute walk to Grand Hope Park

About This Home

As of October 2023

PROBATE SALE. One of the best layouts at Market Lofts, this modern end-unit loft features massive wrap-around windows, stone counters, huge closets, and more. Hardwood floors throughout blend with an entertainer's kitchen featuring all stainless appliances and a huge island. The living room layout has ample room for a home office or dining room. The bedroom features a sliding barn door and a massive closet for the en-suite bathroom. Tons of natural light from this corner unit and the attached parking, make this the perfect retreat from the bustling city below. Market Lofts has many shared amenities for the lively residents including a massive movie screening room, a full-size gym, and a huge pool deck that features a hot tub, BBQs, a community room with a billiards table, and kitchen. Market Lofts is in the beautiful South Park neighborhood of DTLA and is within walking distance to many great conveniences and attractions, including Ralphs on the lower level, Whole Foods, Bottega Louie, Walgreens, JOEY DTLA, Macy's, The Bloc, 7th Metro Station, Crypto Arena, LA Live, Target, and more.

Last Agent to Sell the Property

Michael Robleto

COMPASS License #01980172 Listed on: 04/10/2023

COMPASS

Last Buyer's Agent

Michael Robleto

COMPASS License #01980172 Listed on: 04/10/2023

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,275

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • 1 Common Wall
  • No Sprinklers

HOA Fees

  • $807 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 820 Sq Ft Home
  • High Ceiling
  • Loft
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144028045

Community Details

Overview

  • Market Lofts HOA, Phone Number (213) 327-0554
  • 7-Story Property

Amenities

  • Outdoor Cooking Area
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,275

Year Built

Built in 2006

Lot Details

0

HOA Fees

$807 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access, Guarded, Resident Manager
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144028045
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 820.00 Square Feet
  • Interior Amenities: High Ceilings, Stone Counters
  • Stories: 7
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 640.24
  • Room Type: Laundry, Loft
  • Spa Features: Association, Community
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: No
  • View: City Lights
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Outdoor Cooking Area, Pets Permitted, Pool, Recreation Room, Spa/Hot Tub
  • Association Fee: 807.00
  • Association Fee Frequency: Monthly
  • Association Name: Market Lofts HOA
  • Phone: 213-327-0554
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 74818.00
  • Lot Size Acres: 1.7176

Multi Family

  • Lease Considered: No
  • Lot Size Area: 74818.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Sep 19, 2023
Sold by
Bilella Linda
Bought by
Bilella Linda
Seller's Agent
Michael Robleto
COMPASS
Buyer's Agent
Michael Robleto
COMPASS
List Price
$550,000
Sold Price
$512,500
Premium/Discount to List
-$37,500
-6.82%
Views
279
Current Estimated Value
$484,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,053
Avg. Annual Appreciation
-2.71%

Purchase Details

Listed on
Apr 10, 2023
Closed on
Aug 23, 2023
Sold by
Bilella Linda
Bought by
Xu Wenhua and Wu Liying
Seller's Agent
Michael Robleto
COMPASS
Buyer's Agent
Michael Robleto
COMPASS
List Price
$550,000
Sold Price
$512,500
Premium/Discount to List
-$37,500
-6.82%
Views
279

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 11, 2020
Sold by
Rubinfeld Arthur Irwin and Rubinfeld Eillen Wasserman
Bought by
Desiderio Linda
Seller's Agent
Art Avaness
RE/MAX Signature
Buyer's Agent
Leticia Leal
West Shores Realty, Inc.
List Price
$579,000
Sold Price
$530,000
Premium/Discount to List
-$49,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%

Purchase Details

Closed on
Jul 10, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Rubinfeld Benjamin
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
Bilella Linda -- Chicago Title Company
Xu Wenhua $512,500 Chicago Title Company
Xu Wenhua -- Chicago Title Company
Desiderio Linda $530,000 First American Title
Rubinfeld Benjamin $550,100 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $512,500 -2.4% $625 / Sq Ft
07/12/2023 07/12/23 Price Changed $525,000 -4.5% $640 / Sq Ft
04/10/2023 04/10/23 For Sale $550,000 +3.8% $671 / Sq Ft
11/20/2020 11/20/20 Sold $530,000 -0.5% $646 / Sq Ft View Prior Sale
09/21/2020 09/21/20 Price Changed $532,500 -8.0% $649 / Sq Ft
08/31/2020 08/31/20 For Sale $579,000 0.0% $706 / Sq Ft
07/23/2013 07/23/13 Rented $2,150 -4.4% --
07/23/2013 07/23/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $2,250 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $6,275 $522,750 $204,000 $318,750
2024 $6,275 $512,500 $200,000 $312,500
2023 $6,823 $551,412 $208,080 $343,332
2022 $6,505 $540,600 $204,000 $336,600
2021 $6,419 $530,000 $200,000 $330,000
2020 $6,162 $498,000 $149,400 $348,600
2019 $6,961 $577,000 $173,000 $404,000
2018 $7,085 $577,000 $173,000 $404,000
2016 $6,541 $535,000 $160,000 $375,000
2015 $5,964 $487,000 $146,000 $341,000
2014 $5,411 $430,000 $129,000 $301,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13166

Pasadena-Foothills Association of REALTORS®

APN: 5144-028-045