$777,000
OPEN SAT 11AM - 2PM $3K PRICE DROP

Estimated payment $6,068/month

Total Views 1,224,543
1 Bed
1 Bath
1,050 Sq Ft
$740 Price per Sq Ft

Highlights

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

About This Home

Price Improvement!! Don't miss this rare chance to own a highly sought-after top-floor Penthouse loft with soaring 14' ceilings and abundant natural light. The expansive floor-to-ceiling windows showcase breathtaking panoramic views of the DTLA skyline - Arguably the finest in the building. Step into an impressive entryway featuring a tall, exposed concrete wall, perfect for showcasing your art collection. This space seamlessly flows into a spacious living area and a sleek modern kitchen equipped with top-of-the-line stainless steel appliances, Caesarstone countertops, glass backsplash, and elegant European cabinetry. The master bedroom is generously sized, offering ample space for an office area that also benefits from the stunning city views. Adjacent to the master bedroom, you'll find a luxurious bathroom and an expansive walk-in closet. An additional storage closet at the entryway provides a convenient solution for shoe and coat storage. For your convenience, the unit includes a BOSCH in-unit washer and dryer, along with a dedicated parking space. Located in the vibrant heart of DTLA you're just two blocks away from four grocery stores, popular restaurants, bars, and trendy shops. Residents enjoy exclusive amenities such as 24-hour security, a swimming pool and spa, a clubhouse, a BBQ area, a movie screening room, a fitness center, and onsite management.

Last Listed By

David Shin

Dream Realty & Investments Inc License #01994108 Listed on: 02/10/2025

Dream Realty & Investments Inc

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,836

Year Built

  • Built in 2006

HOA Fees

  • $907 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Den
  • Loft
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Spa
  • Balcony
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 5144-028-057

Community Details

Overview

  • 267 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,836

Year Built

Built in 2006

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Market Lofts Community Association
  • Entry Floor: 7
  • Living Area: 1050
  • Lot Acreage: 1.7158
  • Planned Urban Dev: 0
  • Unit Floor In Building: 7
  • Year Built: 2006
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: OpenHouse
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Open to Family Room, Stone Counters
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 740.00

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached, Community Garage, Controlled Entrance, Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector, Resident Manager
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Fitness Center, Onsite Property Management, Security, Pool, Spa
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 906.72
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-028-057
  • Lot Size Area: 74742

Multi Family

  • Number Of Units: 267

Map

Range of Values:

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Average Value
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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

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 $9,836 $798,357 $437,456 $360,901
2023 $9,643 $782,704 $428,879 $353,825
2022 $9,192 $767,358 $420,470 $346,888
2021 $9,073 $752,313 $412,226 $340,087
2019 $8,799 $730,000 $400,000 $330,000
2018 $8,584 $699,000 $250,000 $449,000
2016 $8,565 $703,000 $251,100 $451,900
2015 $8,314 $682,500 $243,800 $438,700
2014 $4,578 $360,000 $128,600 $231,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $777,000 -0.4% $740 / Sq Ft
02/10/2025 02/10/25 For Sale $780,000 +6.8% $743 / Sq Ft
07/05/2018 07/05/18 Sold $730,000 -2.5% $695 / Sq Ft
05/30/2018 05/30/18 For Sale $749,000 -- $713 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $730,000 Fidelity National Title
Grant Deed $721,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,900 Future Advance Clause Open End Mortgage
Previous Owner $576,800 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

David Shin

Dream Realty & Investments Inc

(866) 350-6214

Section Image

David Shin is dedicated to helping clients fulfill their goals and dreams. Whether it's buying their first dream home or selling and relocating to a new neighborhood, he is committed to the success of his clients through smart negotiations and strategies in buying or selling alike. He is professional, knowledgeable, and experienced to get things done.


As a longtime Angeleno of nearly 30 years, David Shin loves LA and enjoy experiencing the diverse cultures and atmosphere of each

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Source: The MLS

MLS Number: 25496331

The MLS

APN: 5144-028-057