1850 Industrial Street, Unit 407

Los Angeles, CA 90021

$1,125,000
Price
1
Beds
1
Bath
1,423 Sq. Ft.
$791 / Sq. Ft.
1,423
Sq. Ft.
$791
per Sq. Ft.

Description

Motivated Seller: Buyer Incentive, Seller including 3 months paid HOA dues! 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...Motivated Seller: Buyer Incentive, Seller including 3 months paid HOA dues! 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.
  1. Listed by Randelle Green • DRE #01717315 • Brokerage DRE #00625769 • Compass

Property Details for 1850 Industrial Street, Unit 407

Zoning
LAM3
Style
Architectural
Cross Streets
Mateo & Industrial
Association Fee Frequency
Monthly
Parcel Number
5164021066
Total Units
104.0
Living Area
1423
Source Living Area
Vendor Enhanced
LISTING UPDATED: 07/18/2024 06:58 AM

Property Details for 1850 Industrial Street, Unit 407

StatusActive Under Contract
MLS #24-390399
Days on Market67
Taxes-
HOA Fees$1,050 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1925
CountyLos Angeles County

Building

Biscuit Lofts

7 StoriesBuilt in 1925

Building Information for 1850 Industrial Street, Unit 407

Building/ComplexBiscuit LoftsFloor4Stories7Residences-Pet PolicyAllowedYear Built1925

Property Information for 1850 Industrial Street, Unit 407

Community / Development
Community / Development
  • HOA Amount: $1,050
  • HOA: Yes
  • Complex Name: Biscuit Company
  • Number Of Units: 104
  • Pets Allowed: Yes
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Fitness Center, Sun Deck
  • Association Amenities: Pet Rules, Controlled Access
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Loft, Condominium, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 7
  • Unit Floor In Building: 4
  • Unit Number: 407
  • View: Yes
  • View Description: Bridge, City Lights, Mountains, Tree Top
  • View: Bridge(s), City Lights, Mountain(s)
  • Planned Urban Dev: 0
  • Entry Floor Number: 4
  • Security Features: 24 Hour, Community
  • Direction Faces: East
  • Exposure: East
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.7261
  • Lot Size Square Feet: 31630
Parking Details
Parking Details
  • Parking Garage: Assigned, Attached, Controlled Entrance, Covered Parking
  • Total Parking: 0
  • Covered Parking: 1
  • Parking Features: Assigned, Controlled Entrance, Covered
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Loft
  • Rooms: Other, 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, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: Association Pool, Lap Pool, Salt/Saline, Heated
  • Pool Features: Association, Lap, Salt Water, Heated
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-12-2024

Property History for 1850 Industrial Street, Unit 407

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 407

Taxable ValueLand$68,400Additions$273,600Total$342,000
Tax Record2023$3,688 ($307 / month)
Home Facts
Beds0Total Finished SqFt1,423 SqFtAbove Grade Finished SqFt1,423 SqFtLot Size31,720 SqFtStyleCondominiumYear Built1925ZoningLAM3CountyLOS ANGELESAPN5164-021-066

Schools near 1850 Industrial Street, Unit 407

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 Compass, Randelle Green, DRE #01717315

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.