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1855 Industrial Street #505

Los Angeles, CA 90021

$825,000
$516/sq ft
$1,065,000
Bedrooms
1
Bathrooms
1
Interior
1,598 sq ft
Year Built
1924

About this residence

Astonishing this Iconic Toy Factory loft is still on the market! NOW priced at the lowest price per square ft in years. Buyers, this is your opportunity to take advantage of the market! With 1600 sq feet of floor space, unobstructed South-facing views and one of only a handful of lofts with its own outdoor balcony. Located in the center of Downtown LAs Art's district the 121-unit complex was originally built in 1924 and maintains many of its original details. Polished concrete floors, exposed ducting, 11' ceilings and an enormous factory window define the space. With all of this floor space you can create so many well-defined areas: Live, work, lounge, entertain, read, reflect and enjoy ...so many possibilities. The 5th floor unit has many upgrades. Custom built-ins and cabinetry strategically carve out the bedroom and add closet space and storage. The moody kitchen has a colorful tile backsplash, stainless appliances, refurbished cabinets and a fabulous center island. The spacious bathroom has two sinks and a tub/shower combo. Central Heat & Air, inside laundry and one deeded parking space in the secured parking garage with it's own electric car charger. Building amenities include: 24-hour security, a year-round heated rooftop pool with panoramic views of Downtown LA and a zen-inspired 3rd floor sundeck with beautiful potted plants and bbq grills. Private gym on the 1st floor and Amazon lockers provide convenience. The vibrant community can be accessed by foot, day or night. Colorful and exemplary cuisine surround the area with such favorites as Camelia, Bestia, Bevel and Zinc cafe & bar. The fabulous Hank's Organic market is around the corner. Underway is the nearby 12-acre "PARC" project which will create a massive public green space, event arenas, a dog park and more along the LA River. Convenient to major freeways and infrastructure. A wonderful opportunity to own an original downtown LA loft in one of LA's most coveted neighborhoods. Buyers be urgent! The price doesn't get better than this!

CityLights1 parking

Features & finishes

  • Loft

Property details

Status
Sold
Property type
Condo
Price per sq ft
$516/sq ft
Days on market
233 days
Listed
November 15, 2024
Year built
1924
HOA fee
$983/mo
View
CityLights
Parking
1 space
Furnished
No
Waterfront
No
MLS number
24462537

Location & neighborhood

1855 Industrial Street #505, Los Angeles, CA 90021

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Down payment20% · $165,000
Interest rate6.50%
Loan term30 years
$6,749
per month
  • Principal & interest$4,172
  • Property taxes$1,251
  • Insurance$344
  • HOA / fees$983
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Keller Williams Larchmont · MLS 24462537. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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