Ideally located at 9th and Flower in downtown LA, Market Lofts is one of South Park's most highly anticipated places to live. Market Lofts is a brand new mixed-use community by Lee Homes and CIM Group.

Anyone who wants to buy a loft should explore these chic one and two-bedroom lofts are located six stories above retail including the much-anticipated Ralphs supermarket, the first supermarket in downtown LA since the 1950s.

Other specialty shops will include The Coffee Bean & Tea Leaf, Cold Stone Creamery, Quiznos Subs, the UPS Store, and more.

This is, without a doubt, one of the nicest looking buildings in the area. A fact that almost ensures the lofts will retain their value.

The building is ideal for people who want to live on the town. There is a small fitness room, and the building includes a 20 person theater for loft resident's use. The pool is shallow. None of these are a draw back for anyone who is 'on the town' more than they are in their loft.

Estimated HOA is around $500. If you are looking to buy a loft, and economical living in Los Angeles, then Market lofts should be at the top of your list.