1850 Industrial Street 607, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath
Loading property details...
1850 Industrial Street 607
Los Angeles, California 90021
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
1,423Sq Ft
31,630Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$926,393
5% BelowMARKET VALUE
SUMMARY
This Turnkey Industrial Loft is a Strong Value Opportunity, listed at $875,000—positioned well below the $926,393 Fair Market Value by 5%. This valuation gap offers $51,393 in Instant Equity. Featuring a Condition Rating of 2, the unit includes a new HVAC system and Miele appliances. Residents enjoy a 75' lap pool and prime Arts District access. This property is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in-ready lifestyle.
Estimated Market Value
$926,393+$51,393 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 Industrial Street 607 Subject 1 bd · 1 ba · 1,423 sqft · $651 | $875,000* List Price | 1 | 1 | 1,423 | $651 | - |
A 1855 Industrial Street 703 Sold 1 bd · 1 ba · 976 sqft · $743 · 0.0 mi | $725,000 | 1 | 1 | 976 | $743 | 0.0 mi |
B 1855 Industrial Street 606 Sold 2 bd · 1 ba · 1,598 sqft · $696 · 0.0 mi | $1,112,500 | 2 | 1 | 1,598 | $696 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a brand-new HVAC system, new motorized electric shades, fresh paint, and modern stainless steel appliances. The kitchen and bathroom are in mint condition, showcasing a highly desirable, move-in-ready industrial loft style with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Industrial Aesthetic
Located in the prestigious Biscuit Company Lofts, this unit features soaring 16-foot ceilings and oversized industrial windows that offer exceptional volume and iconic East-facing city light views.
- Modernized Turn-Key Upgrades
The property boasts significant recent improvements, including a new HVAC system, motorized electric shades with blackout capabilities, and high-end Miele appliances, ensuring immediate comfort and value.
- Prime Arts District Location
Situated in a highly walkable pocket of the Arts District, residents enjoy proximity to elite dining like Bestia and Urth Cafe, complemented by luxury building amenities including a 75-foot lap pool and 24-hour security.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31630, other record lot size in square feet = 31720.
- High Monthly Carrying Costs
The HOA dues are substantial at $1,145 per month, which may impact the debt-to-income ratio for some buyers despite the inclusion of several utilities.
- Limited Parking for Square Footage
While the loft offers a generous 1,423 square feet of living space, it only includes one assigned parking space, which may be a constraint for multi-vehicle households.
About 1850 Industrial Street 607
Highly sought after large East facing live/work industrial loft at the coveted Biscuit Company Lofts. Open and spacious floor plan, with fully enclosed bedroom, 16' ceilings, oversized industrial windows with treetop and city light views. New HVAC system, new motorized electric shades with black out & sheer, fresh paint touch up, nest thermostat, Stainless Steel oven/range cooktop, microwave and appliances. Large master bath, & wardrobe closet to complete this loft home. Meili Washer and dryer included. Amenities include 24 hour front desk/doorman, gated/secured parking, 75' lap pool, gym and an outdoor BBQ station. Wireless and Scalable Internet & Telecomm. 1 parking space, pets ok. Short distance to Arts District entertainment, Motoshed, Bestia, Urth Cafe, Little Tokyo, and multiple cafes/pubs. Easy access to the following freeways: 110, 101, 60, 10, 5. HOA dues include, Parking, Water, Trash, Gas & Sewage. Residents pay their own electricity + TV/Internet.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1925
- Lot Size
- 31,630 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1145.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,423 | 1,252.996 |
| Lot Size | 31,630 | 26,029.603 |
| Price | $875.0K | $778.5K |
| Price per sq ft | $615 | $629 |
| Built year | 1925 | 1981 |
| HOA | $1145.0 | $676 |
| Days on market | 55 | 74 |
Pricing History
Listed for Sale
Sep 15, 2026
$875,000
Initial Listing
Sold
Jun 30, 2011
$370,000
Public Record