1850 Industrial St #703, Los Angeles, CA 90021
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1850 Industrial St #703 Los Angeles, CA 90021

$5,500,000 Sold Price as of 08/19/2022
  • 2 Beds
  • 2.5 Baths
  • 4,300 Sq.Ft.
Sold
$5,500,000 Sold Price as of 08/19/2022 Refinance Your Mortgage

Map preview of 1850 Industrial St #703, Los Angeles, CA 90021

Property Overview: 1850 Industrial St #703 Los Angeles, CA has 2 bedrooms, 2.5 bathrooms, 4,300 living square feet and 31,620 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible scale, tremendous volume and 360 degree jetliner views position this rare historic penthouse as the most significant mixed-use offering in Downtown LA's thriving Arts District. Originally constructed in 1925 by E.J. Eckel as the West Coast headquarters of Nabisco, this magnificent structure was converted to a live/work community in 2007, the same year it was declared a Historic Cultural Monument. Spanning four levels atop the 7th floor, this grand scaled unit provides the ultimate canvas to create, produce, live, entertain and play all in one. Recently outfitted as the headquarters of a major film production company, this museum-like dwelling occupies 4,300 square feet of interiors with original maple hardwood floors and a remarkable 3,600 square feet of private outdoor terrace space. A flexible canvas enjoys a variety of floor plan layouts depending on your style, with the main living spaces and kitchen on the second floor, and a voluminous owner's suite occupying the entire third floor. Start and end your days with incredible sunrise and sunset views from a towering rooftop deck, providing exceptional scenery from LA's mountain ranges, through Downtown, and over to the coast, revealing an incomparable wow perspective of the Los Angeles basin. Ideally located with easy access to the Westside, Hollywood and Valley studios while just around the corner from the new Soho Warehouse and the Arts District's bustling eateries and sceneries. Truly one of a kind- extremely private with around the clock concierge, a zen garden terrace & swimming pool, the tax saving Mills Act, and a celebrated piece of genuine Angeleno history, this once in an era setting is the best Downtown LA life has to offer. Home, is here.

Listed by Justin Alexander | BRE #01733939 | Compass
Co-listed by Tab Howard | BRE #01823733 | Compass
Last checked: 3 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 192

Home details

Lot Sq. Ft
31,620
HOA Dues
$1326/mo
Year built
1925
Garage
--
Property Type:
Other
Status
Sold
MLS#
22116097
City
Los Angeles
County
Los Angeles
Time on Site
855 days

Property Details for 1850 Industrial St #703

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Master Retreat, Master Bedroom
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
  • Loft, Living Room, Master Bathroom, Great Room, Family Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Range, Oven
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Brick Walls
  • Levels: Three Or More
  • Security Features: 24 Hour Security, Gated Community, Card/Code Access
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: In Ground, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Covered, Community Structure, Assigned, Subterranean
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Landmark, Mountain(s), Panoramic
  • Total # of Units: 104
  • Parcel Number: 5164021107
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,326 (Monthly)
  • Association Amenities: Concierge, Pool
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of 7th St, south of 6th St, at the corner of Mateo St and Industrial St
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Sale History for 1850 Industrial St #703

Last sold for $5,500,000 on August 19th, 2022
  • August, 2022

  • Aug 19, 2022

    Date

    Sold

    CRMLS: 22116097

    $5,500,000

    Price

  • Jan 5, 2022

    Date

    Active

    CRMLS: 22116097

    $7,000,000

    Price

  • April, 2012

  • Apr 23, 2012

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

  • December, 2009

  • Dec 29, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1850 Industrial St #703

Assessed Value (2020): $1,611,000
Year Land Value Improved Value Assessed Value
2020 $322,200 $1,288,800 $1,611,000

Home Value Compared to the Market

This property vs the competition

1850 Industrial St #703 sold on August 19, 2022 for 404.2% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1395.35 per/sqft which puts the price per square foot 84.81% higher than the current median sale per square foot for the city of Los Angeles.

About 1850 Industrial St #703

Detailed summary of property

1850 Industrial St #703 is a other that recently sold in Los Angeles, CA 90021. This property offered 2 bedrooms, 2.5 bathrooms, roughly 4,300 living square feet, and sits on an approximately 31,620 square foot lot. 1850 Industrial St #703 was first listed on ArdentRealEstateGroup.com on January 6, 2022. The homeowner sold the property for $5,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 404.2% higher than the current median priced home. Local homes that are currently for sale include 527 N Anna Dr, 2658 Santa Ana Ave and 501 Park Avenue. This home does have a Homeowners Association and the monthly fee is $1,326 per month. While the average home in Los Angeles, CA is selling in 93 days, 1850 Industrial St #703 has a days on market of 192 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1850 Industrial St #703 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 #703

Public county record property details
Beds
--
Baths
3
Year built
1925
Sq. Ft.
4,300
Lot Size
31,719
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5164-021-107

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
--
Median Sold Price/Sq.Ft.
--
Total Inventory
7
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
--

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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.