1850 Industrial Street 610, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath

1850 Industrial Street 610, Los Angeles, California 90021 home-pic-0
ACTIVE$845,000$975/sqft
1850 Industrial Street 610, Los Angeles, California 90021
1Bed
1Bath
975Sqft
31,630Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Mills Act Property & Tax Savings: As an LA Historical Monument and Mills Act property, it offers massive property tax savings (over 80%), providing significant long-term financial value.
Top Cons:
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.

Compared to the nearby listings

Price:$845.0K vs avg $835.0K (+$10,000)50%
Size:975 sqft vs avg 1,393.5 sqft25%
Price/sqft:$867 vs avg $77050%

More Insights

Built in 1925 (101 years old).
Condition: Despite being built in 1925, this loft has undergone significant modern renovations, making it move-in ready. The kitchen features contemporary stainless steel appliances, sleek cabinetry, and a vibrant glass backsplash. The bathroom is clean and updated with a modern vanity and fixtures. Flooring is a mix of well-maintained hardwood and industrial concrete/diamond plate, fitting the loft aesthetic. The overall condition reflects recent updates, likely within the last 5-15 years, ensuring major systems are functional and stylish.
Year Built
1925
Close
-
List price
$845K
Original List price
$845K
Price/Sqft
$867
HOA
$942
Days on market
-
Sold On
-
MLS number
26637833
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights

About this home

Perched on the 6th level (out of 7) of the iconic Biscuit Company Lofts, this expansive Arts District residence offers volume, light, and limitless potential. Dramatic ceiling height and open sightlines create an inspiring backdrop for those seeking a space that can evolve with their lifestyle whether artistic, professional (live-work), or purely residential. The loft's layout invites customization at every turn. A custom-built mezzanine level introduces valuable additional square footage (not included in the listed public record) and opens the door to multiple design possibilities, including the option to create a private bedroom, office, or studio below while preserving the loft's architectural drama above. This is a loft designed to be shaped, not defined. The Biscuit Lofts is LA Historical Monument #888 and is a Mills Act property. Ownership currently comes with a massive property tax savings (over 80%), adding long-term value to the experience. Residents enjoy access to a curated suite of amenities, including a 75-foot saline resort-style pool, outdoor entertaining areas with fire features and barbecue stations, a dog run, 24-hour security, and a fully equipped fitness center. One assigned underground premium parking space is included. Set in the heart of the Arts District, the building is moments from some of DTLA's most sought-after dining, coffee spots, and cultural destinations, including the private Soho Warehouse. This is a rare opportunity to claim a top-notch loft in a landmark building that is steeped in history, anchored by long-lasting investment appeal, and positioned in the center of DTLA's celebrated creative core.

F
Frank Bruno
Listing Agent

Price History

Date
Event
Price
08/09/07
Sold
$520,000
Condition Rating
Good

Despite being built in 1925, this loft has undergone significant modern renovations, making it move-in ready. The kitchen features contemporary stainless steel appliances, sleek cabinetry, and a vibrant glass backsplash. The bathroom is clean and updated with a modern vanity and fixtures. Flooring is a mix of well-maintained hardwood and industrial concrete/diamond plate, fitting the loft aesthetic. The overall condition reflects recent updates, likely within the last 5-15 years, ensuring major systems are functional and stylish.
Pros & Cons

Pros

Mills Act Property & Tax Savings: As an LA Historical Monument and Mills Act property, it offers massive property tax savings (over 80%), providing significant long-term financial value.
Prime Arts District Location: Situated in the heart of DTLA's vibrant Arts District, moments from sought-after dining, coffee spots, and cultural destinations like Soho Warehouse, offering an unparalleled urban lifestyle.
Historic Landmark Building & Architectural Appeal: Located in the iconic Biscuit Company Lofts (LA Historical Monument #888), featuring dramatic ceiling heights, open sightlines, and a unique historical ambiance.
Exceptional Building Amenities: Residents enjoy a curated suite of amenities including a 75-foot saline resort-style pool, outdoor entertaining areas with fire features and BBQ, a dog run, 24-hour security, and a fully equipped fitness center.
Customization Potential & Added Space: The custom-built mezzanine level introduces valuable additional square footage (not in public record) and offers flexible design possibilities for a private bedroom, office, or studio.

Cons

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 Association Fees: The monthly association fee of $942.0 is substantial and adds significantly to the overall cost of ownership.
Open Loft Layout: While offering volume and light, the open loft layout may lack traditional privacy for some buyers, with the mezzanine providing a semi-private rather than fully enclosed bedroom solution.
Requires Further Customization: The property is described as 'designed to be shaped, not defined,' implying that buyers may need to invest further to fully customize or enclose spaces to meet specific lifestyle needs.
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