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1850 Industrial St #407, Los Angeles, CA 90021
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1850 Industrial St #407 Los Angeles, CA 90021

$1,199,000
  • 1 Beds
  • 1 Baths
  • 1,423 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified
Map preview of 1850 Industrial St #407, Los Angeles, CA 90021

Property Overview: 1850 Industrial St #407 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,423 living square feet and 31,630 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Check out this large LIVE/WORK unit in the renowned Arts District's coveted & iconic Biscuit Company Lofts arguably DTLA's Premier Residence! Over 1420sf of truly wide-open space not wasting an inch in hallways or corridors, perfect for residential life or that retail showroom/small business office, even potential for a 2nd level loft addition. A MILLS ACT recipient awarding a 65%-75% annual property tax abatement. Soaring 15' 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. 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. Water/gas/trash included in the HOA. Foodies are buzzing with James Beard award winning restaurateurs "Kaplan & Namba" of Tsubaki & Ototo who are taking over the ground floors previous anchor tenant of "Church and State" with their new venture: "Camelia" A French Japanese Bistro opening this summer, joining longtime neighborhood Bodega "Joes", The Flamingo Bar and Hanks Gourmet Grocery. Too many trendy and award-winning restaurants, bars, cafe's and Galleries in the continually exploding Arts District to mention here, but how about short stroll on the block to: 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.

Listed by Randelle Green | BRE #01979673 | The RandelleGreen Group
Last checked: 9 minutes ago | Last updated: June 16th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
31,630
HOA Dues
$1050/mo
Year built
1925
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24390399
City
Los Angeles
County
Los Angeles
Time on Site
36 days

Open Houses for 1850 Industrial St #407

No upcoming open houses

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Property Details for 1850 Industrial St #407

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Loft
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: 24 Hour Security
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association, Lap, Salt Water, Heated
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Controlled Entrance, Covered
  • Has Attached Garage
Property Information
  • Has View
  • View: Bridge(s), City Lights, Mountain(s)
  • Total # of Units: 104
  • Parcel Number: 5164021066
  • Entry Level: 4
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,050 (Monthly)
  • Association Amenities: Pet Rules, Controlled Access
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: DTLA's Arts District just east of Alameda, north of 7th Street and west of the new 6th Street Bridge
View more facts & features

Local Los Angeles Agent

Sale History for 1850 Industrial St #407

Last leased for $3,400 on September 7th, 2020

  • May, 2024

  • May 12, 2024

    Date

    Active

    CRMLS: 24390399

    $1,199,000

    Price

  • July, 2021

  • Jul 7, 2021

    Date

    Expired

    CRMLS: 20599294

    $1,099,000

    Price

  • Sep 17, 2020

    Date

    Withdrawn

    CRMLS: 20599294

    $1,099,000

    Price

  • Aug 8, 2020

    Date

    Price Change

    CRMLS: 20599294

    $1,099,000

    Price

  • Aug 1, 2020

    Date

    Price Change

    CRMLS: 20599294

    $1,175,000

    Price

  • Jul 7, 2020

    Date

    Active

    CRMLS: 20599294

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Major Price Reduction! Huge at over 1420sf!, Where Historical Architecture and modern amenities perfectly intersect, The 1925 Historical Landmark Mills Act Bldg, where owners benefit from up to 70% off of their annual Property Taxes! Large wide-open blank "Live/Work" canvas, perfect for a new company office, home office and/or residence, huge at over 1420sf, original thin-planked hardwood floors, soaring 15' ceilings, east facing wall of exposed brick & original windows allowing an explosion of natural sunlight throughout the entire loft-space, San Gabriel Mountain views, updated stainless steel appliances, Caesarstone countertops, colorful contemporary glass back-splash, beautiful bathroom featuring an oversized soaking tub, dual white porcelain bowl sinks, stacked washerdryer. Salt-water pool, Fitness Center, assigned parking space, loft even comes with additional storage space at lobby level, Walk to EVERYTHING the exploding Arts District has to offer: The Row, Bestia, Bavel & more

  • September, 2020

  • Sep 8, 2020

    Date

    Leased

    CRMLS: 20613472

    $3,400

    Price

  • Aug 26, 2020

    Date

    Price Change

    CRMLS: 20613472

    $3,400

    Price

  • Aug 4, 2020

    Date

    Active

    CRMLS: 20613472

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    Impressive lease opportunity in the iconic Biscuit Company Loft Building, one of the Arts District's best! OVER 1420sf for just $3400 per month!! Dare to compare! Full service/amenity rich Biscuit! Large wide-open blank "Live/Work" canvas, perfect for a new company office, home office and/or residence, THE IDEAL SAFER AT HOME lease, original thin-planked hardwood floors, soaring 15' ceilings, east-facing wall of exposed brick & original windows allowing an explosion of natural sunlight throughout the entire loft-space, San Gabriel Mountain views, updated stainless steel appliances, Caesarstone countertops, colorful contemporary glass back-splash, beautiful bathroom featuring an oversized soaking tub, dual white porcelain bowl sinks, stacked washer/dryer. Salt-water pool, Fitness Center, assigned parking space, loft even comes with additional storage space at lobby level, Walk to EVERYTHING the Arts District has to offer: Urban Radish, Little Bear, Bestia, Bavel, The Row, Zinc, Urth et

  • August, 2014

  • Aug 15, 2014

    Date

    Sold (Public Records)

    Public Records

    $810,000

    Price

  • April, 2007

  • Apr 12, 2007

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

Show More

Tax History for 1850 Industrial St #407

Assessed Value (2020): $533,000
Year Land Value Improved Value Assessed Value
2020 $106,600 $426,400 $533,000

Home Value Compared to the Market

This property vs the competition

1850 Industrial St #407 is listed 4.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $842.59 per/sqft which puts the price per square foot 8.02% higher than the median price per square foot for the city of Los Angeles.

About 1850 Industrial St #407

Detailed summary of property

1850 Industrial St #407 is a condominium located in Los Angeles, CA 90021 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 1,423 living square feet, and sits on an approximately 31,630 square foot lot. 1850 Industrial St #407 was first listed on ArdentRealEstateGroup.com on May 12, 2024. The homeowner is currently asking $1,199,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.08% lower than the median priced home. Local competing homes currently for sale include 400 S Broadway #2510, 400 S Broadway #1203 and 400 S Broadway #1205. This home does have a Homeowners Association and the monthly fee is $1,050 per month. While the average home in Los Angeles, CA is selling in 98 days, 1850 Industrial St #407 has a days on market of 28 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 1850 Industrial St #407 Los Angeles, CA 90021 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1850 Industrial St #407

Public county record property details
Beds
--
Baths
1
Year built
1925
Sq. Ft.
1,423
Lot Size
31,719
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5164-021-066

The source for these homes facts are from public records.

90021 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$841
Median Sold Price
$775,000
Median Sold Price/Sq.Ft.
$794
Total Inventory
10
Median Sale to List Price %
97.48%
Avg Days on Market
49
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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