1850 Industrial Street 708, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 2 bath
1850 Industrial Street 708
Los Angeles, California 90021
Property Price
SUMMARY
Analysis of 1850 Industrial Street 708, Los Angeles, California 90021 is currently available with a list price of $2,399,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This historic loft has been extensively renovated with high-end modern finishes, featuring a gourmet kitchen with professional-grade appliances, designer industrial lighting, and pristine polished concrete flooring. The unit is in impeccable condition with no signs of wear, reflecting recent top-tier upgrades and meticulous maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Benefits
As a designated historic building on the National Register, owners benefit from the Mills Act, which offers substantial property tax savings.
- Exceptional Private Outdoor Space
The property features nearly 1,200 square feet of private outdoor space, a rare luxury in Downtown LA that provides panoramic cityscape views.
- Architectural Volume
With soaring 17-foot ceilings and a 2,400-square-foot open floor plan, the loft offers an expansive, airy atmosphere ideal for creative professionals.
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 association fee of $1,256 per month is relatively high, which may impact the overall affordability for some buyers.
- Limited Bedroom Count
Despite the massive square footage, the current one-bedroom configuration may limit appeal for families or those requiring defined multi-room privacy.
About 1850 Industrial Street 708
Step into an exceptional urban sanctuary at the Biscuit Lofts in the Arts District--a true artist's mega loft that harmonizes industrial charm with modern elegance. Sprawling across 2,400 square feet, this unique space boasts soaring 17-foot ceilings, creating a voluminous atmosphere perfect for creative expression and dynamic living. Biscuit Lofts is on the National Register of Historic Buildings, and owners have the benefits of the Mills Act.Designed for the discerning individual, this loft features two luxurious bathrooms and a versatile open layout adaptable to your personal needs, including the opportunity to expand a second bedroom. The seamless transition between indoor and outdoor living extends to two private outdoor spaces totaling nearly 1,200 additional square feet, offering serene retreats with panoramic cityscape views--ideal for entertaining or quiet reflection.Residents of this prestigious midrise enjoy a wealth of premium amenities, including a full-time concierge service, a 75-foot pool with a BBQ area, and a subterranean parking garage. This unit comes with two assigned parking spaces, both with EV hookups in the secured garage. Security is paramount, with a robust security system and gated entry ensuring peace of mind.Downtown LA's Arts District is the heart of the vibrant culinary scene in Los Angeles with acclaimed restaurant Camelia on site and endless world-class restaurants mere steps away. Embrace the epitome of style and sophistication in the heart of Downtown Los Angeles' Arts District.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1925
- Lot Size
- 31,630 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1256.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,405 | 1,694 | 75% |
| Lot Size | 31,630 | 31,630 | 50% |
| Price | $2.40M | $1.26M | 75% |
| Price per sq ft | $998 | $812 | 75% |
| Built year | 1925 | 1925 | 50% |
| HOA | $1256.0 | $1.0K | 75% |
| Days on market | 58 | 175 | 25% |
Pricing History
Listed for Sale
Jan 7, 2026
$2,399,000
Initial Listing
Sold
May 17, 2017
$2,550,000
Public Record
Sold
Jul 22, 2010
$1,300,000
Public Record