1850 Industrial Street 407
Los Angeles, CA, 90021
$899,000
1 Beds
1 Baths
1,423 SqFt
0.73 Acres
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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.
LISTING AGENT: Randelle Green
LISTING BROKERAGE: Compass
1850 Industrial Street 407
Los Angeles, CA

Property Details

Price:
$899,000
MLS #:
24467081
Status:
Active Under Contract
Beds:
1
Baths:
1
Address:
1850 Industrial Street 407
Type:
Condo
Subtype:
Condominium
Neighborhood:
c23metropolitan
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
Finished Sq Ft:
1,423
ZIP:
90021
Lot Size:
31,630 sqft / 0.73 acres (approx)
Year Built:
1925
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Schools

Interior

Appliances
Dishwasher, Disposal
Cooling
Central Air
Fireplace Features
None
Flooring
Bamboo
Heating
Central

Exterior

Association Amenities
Pet Rules, Fire Pit, Pool
Parking Features
Community Structure, Assigned
Parking Spots
1.00
Pool Features
In Ground, Salt Water, Association
Security Features
24 Hour Security, Automatic Gate, Gated with Guard, Guarded
View
Bridge(s), Mountain(s)

Financial

Association Fee
1050.00

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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