1850 Industrial Street, Unit 402

Los Angeles, CA 90021

$645,000
Last Sold Price
Studio
Beds
1
Bath
640 Sq. Ft.
$1,008 / Sq. Ft.
640
Sq. Ft.
$1,008
per Sq. Ft.

Description

Big price reduction! Priced to sell! Fantastic Opportunity to buy into the prestigious Biscuit Company Lofts at a very enticing price point! Built in 1925 as the West Coast NABISCO plant, and converted in 2007 into luxury condos with the highest standards, this prestigious, Mills Act-approved building still retains all the unique details and character from it's original construction. Through the Mills Act program, the owners in this building qualify for a huge reduction in their annual property taxes....Big price reduction! Priced to sell! Fantastic Opportunity to buy into the prestigious Biscuit Company Lofts at a very enticing price point! Built in 1925 as the West Coast NABISCO plant, and converted in 2007 into luxury condos with the highest standards, this prestigious, Mills Act-approved building still retains all the unique details and character from it's original construction. Through the Mills Act program, the owners in this building qualify for a huge reduction in their annual property taxes. This beautiful, live-work permitted open floor plan loft is the perfect property for a starter home or pied a terre, or for anyone seeking to be part of the exciting and ever-growing Los Angeles Arts District. The unit is light and airy, features an over-sized factory window, original 1920's hardwood floors, 14" ceilings, beautiful gourmet kitchen with new fridge, a generously sized bathroom with daylight, a big soaking bathtub and a washer and dryer installed. The unit's gourmet kitchen has stainless steel cabinets, Ceasarstone countertops, a modern backsplash and lots of space for cooking. To maximize the unit's space, the current owner has also installed a Murphy bed. The Biscuit Company Lofts amenities include one assigned on-site parking spot, a beautifully landscaped garden with 25 yard heated saline lap pool, fire pit, barbecues, a beautiful lobby with wifi, 24hr concierge and reception desk, a fitness center and dog run. Located in the heart of the Arts District, the building is close to all attractions, museums and restaurants. Immediate neighbors are The Soho House, Bestia, Bread Lounge, 2 Bit Circus, Dover Street Market, The Bike Shed, The Arts District Park, The new 6th Street Viaduct, Verve Cafe, Warner Music and Spotify and many, many more. Please call to schedule a tour of this amazing property.
  1. Listed by Andreas Ludwig • DRE #02032222 • Brokerage DRE #01458187 • Keller Williams Studio City

Property Details for 1850 Industrial Street, Unit 402

Zoning
LAM3
Style
Architectural
Association Fee Frequency
Monthly
Parcel Number
5164021061
Total Units
103.0
Living Area
640
Source Living Area
Other
Area
Downtown L.A. (C42)

Location

Listing Courtesy of Keller Williams Studio City, Andreas Ludwig, DRE #02032222

Sold By HomeSmart Realty Group, Suraya Nathie, DRE #02145405

Add your commute
LISTING UPDATED: 09/14/2023 02:20 PM

Property Details for 1850 Industrial Street, Unit 402

StatusSold
MLS #23-262079
Days on Market126
Taxes-
HOA Fees$781 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1925
CountyLos Angeles County

Building

Biscuit Company Lofts

7 StoriesBuilt in 1925

Location

Listing Courtesy of Keller Williams Studio City, Andreas Ludwig, DRE #02032222

Sold By HomeSmart Realty Group, Suraya Nathie, DRE #02145405

Add your commute

Virtual Tour

Building Information for 1850 Industrial Street, Unit 402

Building/ComplexBiscuit Company LoftsFloor4Stories7Residences-Pet Policy-Year Built1925

Payment Calculator

$4,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,520

Property Taxes

$196

HOA Dues

$781

The Payment Calculator is for illustrative purposes only.

Property Information for 1850 Industrial Street, Unit 402

Community / Development
Community / Development
  • HOA Amount: $781
  • HOA: Yes
  • Complex Name: Biscuit Company Lofts
  • Number Of Units: 103
  • Pets Allowed: Yes
  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Concierge, Fitness Center, Fire Pit, Elevator, Exercise Room, Pool, Outdoor Cooking Area, Sun Deck
  • Association Amenities: Pet Rules, Controlled Access, Concierge, Fire Pit, Pool, Outdoor Cooking Area, Gas, Sewer, Water, Trash
  • Association Fees Include: Concierge, Gas, Sewer, Water, Water and Sewer Paid, Trash
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Condominium, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Unit Floor In Building: 4
  • Unit Number: 402
  • View: Yes
  • View Description: City, Bridge, City Lights, Mountains
  • View: City Lights, Bridge(s), Mountain(s)
  • Planned Urban Dev: 0
  • Entry Floor Number: 4
  • Security Features: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers
  • Water: Paid
  • Sewer: Paid, In Street Paid
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: CC and R, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Property Report
  • Lot Acreage: 0.7259
  • Lot Size Square Feet: 31620
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Controlled Entrance, Door Opener
  • Total Parking: 1
  • Covered Parking: 1
  • Open Other Spaces Total: 1
  • Parking Features: Controlled Entrance, Garage Door Opener
Interior Features
Interior Features
  • Room Type: Loft
  • Rooms: Loft
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
  • Interior Features: Brick Walls, High Ceilings (9 Feet+)
  • Kitchen Features: Gourmet Kitchen
  • Bathroom Features: Shower Over Tub
  • Common Walls: Attached
  • Cooking Appliances: Oven, Oven-Gas, Microwave, Gas Grill, Convection Oven, Gas
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: Association Pool, Exercise Pool, Heated, Lap Pool, Salt/Saline
  • Pool Features: Association, Exercise Pool, Heated, Lap, Salt Water
  • Spa: No
  • Spa: None
  • New Construction: No
  • Construction Materials: Brick
  • Exterior Construction: Brick
  • Other Structural Features: High Ceilings (9 Feet+)
Lease Terms
Lease Terms
  • Entry Date: 04-20-2023

Property History for 1850 Industrial Street, Unit 402

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1850 Industrial Street, Unit 402

Taxable ValueLand$38,400Additions$153,600Total$192,000
Tax Record2023$2,353 ($196 / month)
Home Facts
Beds0Total Finished SqFt617 SqFtAbove Grade Finished SqFt617 SqFtLot Size31,720 SqFtStyleCondominiumYear Built1925ZoningLAM3CountyLOS ANGELESAPN5164-021-061

Schools near 1850 Industrial Street, Unit 402

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ninth Street School
PublicK to 5

Hollenbeck Middle School
Public6 to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, Andreas Ludwig, DRE #02032222

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.