Los Angeles, CA 90021,1850 Industrial ST #407

$865,000

Est. payment /mo

$899,000

3.8%
Est.Price: ?

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1850 Industrial ST #407 Los Angeles, CA 90021

1 Bed

1 Bath

1,423 SqFt

SOLD DATE : 03/28/2025

Key Details

Sold Price $865,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,423 sqft

Price per Sqft $607

MLS Listing ID 24467081

Sold Date 03/28/25

Bedrooms 1

Full Baths 1

Condo Fees $1,050

HOA Fees $1,050/mo

HOA Y/N Yes

Year Built 1925

Lot Size 0.726 Acres

Property Sub-Type Condominium

Property Description

Check out this SPRAWLING 1425sf LIVE/WORK loft proudly sitting in the renowned Arts District's coveted & iconic Biscuit Company Lofts. Arguably DTLA's Premier Residence! At just $631.00psf, this massive wide-open, raw, untapped space not wasting an inch in hallways or corridors. Enjoy a MASSIVE PROPERTY TAX BREAK with THE MILLS ACT! This powerful loft anxiously awaits a designers touch to make it their own, perfect for residential life or that retail showroom/small business office. The super bright, east-facing unit garnering beautiful morning sunlight and awe-inspiring sun-rises behind an eastern wall of 15' windows ensconced in historic original brick! Soaring 18' concrete ceilings and exposed ductwork over original narrow plank hardwood floors dating back over 100 yrs. Huge metal wrapped columns solidify the urban warehouse feel. Exposed brick covers the eastern wall of windows enabling an explosion of sunlight making this space super bright. Big eastern area views of the brand-new 6th Street bridge sitting in the shadows of The San Gabriel Mountain range. Modern stainless steel kitchen appliance & cabinet package and large bathroom with contemporary dual vessel sinks. Washer/Dryer in unit, deeded & assigned parking space in basement garage perfectly positioned next to the back service elevator. One of just a few units in the building with a Private Storage room in lobby. Building offers a lovely English garden level saline lap pool, sun deck & BBQ area, huge multiple level fitness center and 24 hr. security. Foodies are buzzing with James Beard award winning restaurateurs "Kaplan & Namba" of Tsubaki & Ototo who took over the ground floors previous anchor tenant of "Church and State" with their new venture: "Camelia" already commanding long lines and rave reviews! Camelia joins longtime neighborhood Bodega "Joes", The Flamingo Bar and Hanks Gourmet Grocery on the block. Too many trendy and award-winning restaurants, bars, cafe's and Galleries in the continually exploding Arts District to mention here, but here are just a few: Afuri, Guerilla Tacos, Tony's, Everson Royce Bar, Pizzanista, Bestia, Damian, Bike Moto Shed, Zinc Cafe, Girl and The Goat, Bavel, Yangban not to mention The Row, The Soho Warehouse and so, so much more! It's all right here. *This Loft is Currently Leased until January of 2026, any new buyer or Investor would simply "assume" the lease, built-in income and great for investors.

Location

State CA

County Los Angeles

Area C23 - Metropolitan

Zoning LAM3

Interior

Interior Features Loft

Heating Central

Cooling Central Air

Flooring Bamboo

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Washer

Exterior

Parking Features Assigned, Community Structure

Pool In Ground, Salt Water, Association

Amenities Available Fire Pit, Pool, Pet Restrictions

View Y/N Yes

View Bridge(s), Mountain(s)

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Faces East

Entry Level One

Level or Stories One

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 5164021066

Security Features Security Gate,Gated with Guard,24 Hour Security,Security Guard

Special Listing Condition Standard

Pets Allowed Yes

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California Regional MLS (CRMLS)
Listed by Randelle Green • Compass
Bought with Randelle Green • Compass
agent

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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