$785,000
$17K PRICE INCREASE

Estimated payment $6,376/month

Total Views 1,609,651
2 Beds
2 Baths
1,190 Sq Ft
$660 Price per Sq Ft

Highlights

  • Doorman
  • 24-Hour Security
  • Pool House
  • Fitness Center
  • Home Theater
  • 2-minute walk to Grand Hope Park

About This Home

It seems like you have so many things to check off your list when finding your new home in downtown LA... Which area speaks to you, is safe, has great restaurants, is walkable, and is a community you could call home. Then you see 645 w 9th st #740! It's in South Park your favorite area in downtown. Walking distance to parks, amazing venues, the best restaurants and everything you need. I mean you live above a poke spot, a grocery store, a pets store, Susie Cakes, and Whole Foods is a block away. After grabbing your morning coffee you step in the secured building where you are instantly greeted by the front desk guy who always has a smile. Then using your fob in the elevator you climb to the top floor. Just steps away from your condo. Right when you step in you are greeted by the massive 14ft tall ceilings only found in the top floor units. You drop your keys then make your way to the balcony to welcome the sunny day. As you look down at the pool you start imagining swimming laps or enjoying the jacuzzi with friends later that night. Oh yeah don't forget you reserved the pool house for your upcoming birthday party, but that's for another day. As you step back in to your home you set your coffee on your kitchen island while you start making breakfast. The updated kitchen was perfect and that fact it came fully furnished has made the new transition to owning #740 a breeze. The 85 Inch TV is perfectly mounted to be able to catch the news while sitting at the breakfast bar or have a movie night with friends on your massive couch. As you head down the hallways to your primary suite you walk by the guest room that you also turned into your office. Oh the laundry just dinged. Having nice full size in unit washer dryers hidden in the closet is a major upgrade from your last apartment. Bringing the clean laundry into your walk in closet you set it down in amazement at just how much space there still is. It goes all the way up 14ft ft like the rest of the place. In the primary bathroom you have a double vanity and the whole bathroom has been recently updated with quarts counter tops, artistic sinks, and large shower. The primary bedroom has natural light, room for another desk as well as a dresser. With the tv mounted you could spend all day there. Before work begins you head down to the gym to get some cardio and free weights in. It's become a necessity for your perfect day routine. You really have found an amazing work life balance here. The fact this condo is zoned so you can run your business out of it as well as live here was a huge selling point for you. Using one of your two assigned parking spaces for your car and the other for clients has made it so easy for them, as well as for guests to visits. Having parking on the same floor as your condo is a major plus. Being able to buy the best condo, in the best location, with it fully furnished has been the best decision you ever made! This is the downtown living you always dreamt of! With LA adding more subway and train line than any city in the US in preparation for the olympics coming in 2028 downtown is a great investment. Just think of how much you could make renting out your condo during the Olympics... No matter if you're buying for yourself or as an investment this is a smart move.

Listing Agent

Drew Smyth

Real Broker License #02027853

Real Broker

Co-Listing Agent

Kristopher Edwards

Keller Williams Realty Los Feliz License #02134805

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,915

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $1,260 Monthly HOA Fees

Home Design

  • Penthouse
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Custom Window Coverings
  • Entryway
  • Living Room
  • Home Theater
  • Home Gym

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Stone
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • Pool House
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-028-086

Community Details

Overview

  • Association fees include gas, maintenance paid, security, water and sewer paid, trash
  • 7 Units

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,915

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$1,260 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Market Lofts
  • Disability Access: 2+ Access Exits, Doors - Swing In, Doors w/Lever Handles
  • Entry Floor: 7
  • Entry Location: Penthouse
  • Living Area: 1190
  • Lot Acreage: 1.7158
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 7
  • Year Built: 2006
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Living Room Balcony, Laundry - Closet Stacked, High Ceilings (9 Feet+), Furnished, Turnkey
  • Flooring: Engineered Hardwood, Vinyl Plank, Stone Tile
  • Appliances: Cooktop - Gas, Microwave, Range Hood, Range, Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom, Primary Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Kitchen Island
  • Kitchen Features: Island, Quartz Counters
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Gas Dryer Hookup, Range/Oven, Washer, Elevator, Hood Fan, Garbage Disposal, Microwave, Refrigerator, Ice Maker, Freezer, Water Line to Refrigerator
  • Price Per S Q F T: 659.66
  • Windows: Custom Window Covering

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: Pool House
  • Patio: Balcony
  • Pool Description: Heated And Filtered, Lap Pool, Association Pool
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Community Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Fire Sprinklers, Carbon Monoxide Detector(s), Gated, Card/Code Access, Smoke Detector, Guarded
  • Water: District

Association/Amenities

  • Amenities: Elevator, Gated Community, Gated Community Guard, Controlled Access, Pool, Spa, Clubhouse, Billiard Room, Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Exercise Room, Fitness Center, Gated Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Maintenance Paid, Security, Water and Sewer Paid, Trash
  • High Rise: Door Person, Entrance Lobby
  • HOA Fees: 1260.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-028-086
  • Lot Size Area: 74742

Multi Family

  • Number Of Units: 7

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
2024 $8,915 $719,100 $214,200 $504,900
2023 $8,495 $691,629 $471,299 $220,330
2022 $8,097 $678,068 $462,058 $216,010
2021 $7,988 $664,774 $452,999 $211,775
2019 $7,744 $645,059 $439,564 $205,495
2018 $7,728 $632,412 $430,946 $201,466
2016 $7,383 $607,857 $414,213 $193,644
2015 $7,268 $598,728 $407,992 $190,736
2014 $7,294 $587,000 $400,000 $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $785,000 +4.8% $660 / Sq Ft
02/27/2025 02/27/25 Price Changed $749,000 -2.5% $629 / Sq Ft
01/12/2025 01/12/25 For Sale $768,000 +8.9% $645 / Sq Ft
02/22/2023 02/22/23 Sold $705,000 -1.8% $592 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
11/19/2022 11/19/22 Price Changed $718,000 -2.7% $603 / Sq Ft
10/11/2022 10/11/22 For Sale $738,000 0.0% $620 / Sq Ft
12/08/2020 12/08/20 Rented $2,900 0.0% --
11/19/2020 11/19/20 For Rent $2,900 -6.5% --
12/02/2019 12/02/19 Rented $3,100 0.0% --
11/08/2019 11/08/19 For Rent $3,100 0.0% --
08/16/2013 08/16/13 Sold $586,000 -2.2% $492 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $599,000 -- $503 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Lawyers Title Company
Grant Deed $705,000 Lawyers Title Company
Grant Deed $587,000 Chicago Title Company
Grant Deed $763,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $564,000 New Conventional
Previous Owner $250,000 Commercial
Source: Public Records

About the Listing Agent

Drew Smyth

Real Broker

(833) 772-4503

Section Image

Drew Smyth was born in Issaquah, Washington, where he grew up racing motocross, playing rugby and drag racing his 64 Chevelle, which he still has! His first job out of school was selling cars, and he did it successfully for 3 years. Needing a change, Drew decided to move to California in 2010. He got his first taste of the hot real estate market when he worked doing short sales with investors and real estate agents. In 2018 he decided to take the leap into being a real estate agent himself. The

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Source: The MLS

MLS Number: 25-480845

The MLS

APN: 5144-028-086