new - 7 days on rocket

1850 Industrial St Unit 407, Los Angeles, CA, 90021

$899,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
1,423 SqFt
$632/SqFt
Condo

Location

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1850 Industrial St Unit 407, Los Angeles$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Community Structure
Attached GarageYes
Year Built1925
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewBridge(s), Mountain(s)
MLS #24467081
Lot Size0.73 Acres
StatusActive

About 1850 Industrial St Unit 407

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.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 0
  • Living Area: 1,423 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 783-7721
  • Listing Agent: Randelle Green

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Flooring Type: Bamboo
  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bridge(s), Mountain(s)

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Community Structure

Lot Features

Lot Information:

  • Lot Size: 0.73 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: The Arts District (DTLA)

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $632/SqFt

HOA Fees:

  • Amount: $1050
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1850 Industrial St Unit 407 vs Los Angeles

7 DAYS ON ROCKET

-31 Days

$899,000

-$122.5K Less

$632/SqFt

-$8 Less

KEY TAKEAWAY

This property is $122.5K less than the Median Sold Price and $8/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24467081

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 783-7721
  • Listing Agent: Randelle Green

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$5,604

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3818763
5
/10

  • Para los Nios Charter

  • 1617 E 7th St

  • 0.25 miles

  • Public Charter Grades KG-5

school-card-donut-3818764
5
/10

  • Puente Charter

  • 501 S Boyle Ave

  • 0.82 miles

  • Public Charter Grades KG-3

school-card-donut-3818765
3
/10

  • 9th Street School

  • 835 Stanford Ave

  • 0.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,951. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1850 Industrial St Unit 407

What is the listing price of this property?

The listing price of 1850 Industrial St Unit 407 property is $899,000.

What type of property is this?

The property 1850 Industrial St Unit 407 is a condo located in Los Angeles, California, 90021.

Is this property for sale now?

Active Listing: 1850 Industrial St Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1850 Industrial St Unit 407 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1850 Industrial St Unit 407 is 1,423 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1850 Industrial St Unit 407 is 1925.

Rocket Homes›California›Los Angeles County›Los Angeles›90021›1850 Industrial St Unit 407

This home is located at 1850 Industrial St Unit 407 in Los Angeles, CA and zip code 90021 in the Central LA neighborhood. This 1,423 square foot home, which was built in 1925, sits on a 0.73 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $899,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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