1850 Industrial Street 605, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath
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Los Angeles, California 90021
This Historic Arts District Loft is listed at $849,000, representing a stable and fair entry point relative to its $810,022 Fair Market Value. Boasting a Good Condition Rating, the residence features 16-foot ceilings, original century-old hardwood, and panoramic city skyline views within the iconic Biscuit Company Lofts. A major financial highlight is the Mills Act Approved status, providing owners up to 75% in property tax savings. With a 75-foot lap pool and proximity to Soho House, this move-in-ready sanctuary is a premier choice for Urban Professionals or Creative Executives seeking authentic industrial character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 Industrial Street 605 Subject | $829,000* List Price | 1 | 1 | 1,112 | $723 | - |
A 1855 Industrial Street 421 Sold | $655,000 | 1 | 1 | 911 | $719 | 0.0 mi |
B 1850 Industrial Street 215 Active | $915,000 List Price | 1 | 1 | 1,064 | $860 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a exceptionally well-maintained historic loft that is move-in ready. It features a recently updated HVAC system (2023), restored original hardwood floors, and a high-end chef's kitchen with modern appliances and cabinetry. While the building dates to 1925 and the loft conversion is over 15 years old, the interior shows minimal wear, high-quality Sigma bathroom fixtures, and functional major systems that align with the 'good' condition category.
The property is Mills Act approved, offering the owner a substantial property tax savings of up to 70-75%, which significantly enhances the long-term investment value and lowers carrying costs.
Featuring 16-foot ceilings, original century-old hardwood floors, and massive industrial windows, this loft provides a rare sense of scale and authentic character in the coveted Biscuit Company Lofts.
Situated in the heart of the Arts District, the home is within walking distance of world-class dining and entertainment, including Soho House, Bestia, Bavel, and the Hauser & Wirth Gallery.
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 dues are relatively high, which may impact the monthly budget and overall affordability for some prospective buyers.
Despite the generous 1,112 square footage and potential for a mezzanine build-out, the unit currently only features one bathroom, which could be a limitation for those who frequently host guests.
**UNDERPRICED FOR QUICK SALE. BRING ALL OFFERS** Rare, highly sought after South facing live/work loft home at the coveted Biscuit Company Lofts. Only one original owner and never previously available for resale. This spacious stunner showcases an open layout with extra tall 16'ceilings, and oversized industrial windows exposing breathtaking views of the city. Original restored 100+ year old hardwood floors with UV protection coating throughout. lux bathroom highlighted with Sigma shower fixtures, extra vanity undermounted storage + wall cabinetry, and oversized soaking tub. The chefs kitchen showcases full length kitchen backsplash, & additional tier of cabinetry and pantry. Newer 2023 HVAC system. *BONUS* includes deeded storage unit, and 1 deeded underground parking spot. *MILLS ACT APPROVED* saving owner up to 70-75% off property taxes. Amenities include 24 hour front desk/doorman, gated/secured parking, 75' lap pool, gym with 2nd floor Pilates space and an outdoor BBQ dining area. The subject property is ideally located within short distance to local favorites like Hauser & Wirth Gallery, Moto Shed, Hanks (Gourmet Market), Camelia, Flamingo Bar, upcoming Silverlake Wine Bar, Bavel, Manuela, Factory Kitchen, Girl & The Goat, Zinc Cafe, Bestia, Damian, Verve Coffee Roasters, Death & Co, Soho House, and a host of other entertainment and dining venues. HOA dues cover Water, trash, & gas. Residents pay electricity & Internet separately. Plans and contractor information available to build out additional mezzanine/loft floor for extra square footage.
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 | 1,112 | 1,112 | 50% |
| Lot Size | 31,630 | 42,628 | 33% |
| Price | $829.0K | $829.0K | 50% |
| Price per sq ft | $746 | $719 | 67% |
| Built year | 1925 | 1924 | 67% |
| HOA | $1049.0 | $1.0K | 67% |
| Days on market | 93 | 116 | 33% |
Apr 9, 2026
$829,000
$849,000
-2% Price Drop
Initial Listing
Mar 13, 2026
$849,000
Initial Listing
Jun 19, 2007
$604,500
Public Record