1850 Industrial Street 215, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath
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Los Angeles, California 90021
This Iconic Arts District Loft in the historic Biscuit Company building is listed at $915,000, offering a rare opportunity to own a piece of Los Angeles history. Boasting a Condition Value of 3, the residence features soaring 17-foot ceilings, a modern kitchen with high-gloss cabinetry, and a highly coveted private outdoor terrace. While the list price sits above the $795,587 Fair Market Value, the property’s Mills Act approval provides substantial property tax savings, significantly enhancing its long-term financial appeal. This move-in ready sanctuary is the perfect fit for Urban Professionals or Creative Executives seeking architectural volume and a premier lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 Industrial Street 215 Subject | $915,000* List Price | 1 | 1 | 1,064 | $748 | - |
A 1855 Industrial Street 421 Sold | $655,000 | 1 | 1 | 911 | $719 | 0.0 mi |
B 1850 Industrial Street 605 Active | $849,000 List Price | 1 | 1 | 1,112 | $763 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is located in the iconic Biscuit Lofts, which underwent a high-quality residential conversion approximately 18 years ago. The unit is move-in ready and features a modern kitchen with stainless steel appliances, high-gloss cabinetry, and contemporary tile backsplashes. The interior maintains a high standard of quality with well-preserved hardwood floors, soaring 17-foot ceilings, and updated industrial-style lighting. While the building is historic, the living space and systems are well-maintained and functional, fitting the criteria for a property renovated within the 5 to 15-year range with minimal wear.
The property is Mills Act approved, providing owners with substantial property tax savings, which significantly enhances the long-term investment value of this historic landmark residence.
Featuring soaring 17-foot ceilings and a rare private outdoor terrace, the unit offers an exceptional sense of scale and a desirable indoor-outdoor living component that is highly sought after in industrial lofts.
Situated in the iconic Biscuit Lofts, the property is positioned in the heart of the Arts District, offering immediate walkability to the neighborhood's premier restaurants, cafes, and cultural galleries.
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.
At $1,049 per month, the association fees are relatively high for a one-bedroom unit, which may be a deterrent for budget-conscious buyers or those sensitive to monthly carrying costs.
The open loft-style configuration and single-bedroom layout may lack the traditional privacy and functional separation required by buyers who work from home or host frequent guests.
Located in the iconic Biscuit Lofts, a National Registered Landmark and former Nabisco West Coast bakery, this 1 bedroom, 1 bathroom residence offers approximately 1,064 square feet of living space with soaring 17 foot ceilings and private outdoor space for dining and lounging. Mills Act approved, the property may offer substantial property tax savings. Building amenities include a 24 hour front desk, gated and secured parking, elevator access, private storage, a 75 foot lap pool, fitness center with Pilates space, and outdoor BBQ area. HOA dues cover water, trash, and gas. Ideally situated in the Arts District near many of the neighborhood's top restaurants, cafes, and galleries.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,064 | 1,189 | 40% |
| Lot Size | 31,630 | 31,630 | 50% |
| Price | $915.0K | $915.0K | 50% |
| Price per sq ft | $860 | $719 | 60% |
| Built year | 1925 | 1925 | 50% |
| HOA | $1049.0 | $1.0K | 60% |
| Days on market | 27 | 110 | 20% |
Mar 26, 2026
$915,000
Initial Listing
Jul 2, 2009
$400,000
Public Record