1850 Industrial Street 708, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 2 bath
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Los Angeles, California 90021
This Historic Artist's Mega Loft at the Biscuit Lofts is listed at $2,399,000, representing a premium residential offering relative to its $2,240,277 Fair Market Value. Boasting a Superior Condition Rating, the 2,400-square-foot interior features 17-foot ceilings, polished concrete floors, and a high-end modern renovation. The value proposition is anchored by 1,200 square feet of private outdoor space with panoramic cityscape views and substantial property tax savings via the Mills Act. This urban sanctuary is an ideal match for creative professionals or luxury owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 Industrial Street 708 Subject | $2,399,000* List Price | 1 | 2 | 2,405 | $932 | - |
A 1850 Industrial Street 714 Sold | $1,702,000 | 1 | 3 | 1,790 | $951 | - |
B 1855 Industrial Street 307 Active | $2,095,000 List Price | 2 | 2 | 2,320 | $903 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This historic Biscuit Lofts unit features a high-end modern renovation that perfectly blends industrial character with luxury finishes. The kitchen is equipped with professional-grade stainless steel appliances, a large marble-topped island, and designer pendant lighting. The interior showcases pristine polished concrete flooring, soaring 17-foot ceilings with well-maintained exposed ductwork, and updated electrical and plumbing fixtures throughout. The overall condition is superior, reflecting recent high-quality updates and meticulous maintenance.
Located in the historic Biscuit Lofts, this property qualifies for the Mills Act, providing owners with substantial property tax savings that significantly enhance long-term financial value.
The loft features nearly 1,200 square feet of private outdoor space with panoramic cityscape views, an exceptionally rare and premium amenity for urban living in the Arts District.
With soaring 17-foot ceilings and a 2,400-square-foot open floor plan, the property offers a grand sense of scale and versatility that is ideal for creative professionals and high-end entertaining.
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.
The association fee of $1,256 per month represents a significant recurring expense that may impact the purchasing power of budget-conscious buyers.
Despite the massive square footage and multi-million dollar price point, the unit is currently configured as a one-bedroom, which may limit its appeal to families or those requiring multiple private rooms.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,405 | 1,598 | 80% |
| Lot Size | 31,630 | 31,630 | 50% |
| Price | $2.40M | $1.11M | 80% |
| Price per sq ft | $998 | $719 | 80% |
| Built year | 1925 | 1925 | 50% |
| HOA | $1256.0 | $1.0K | 80% |
| Days on market | 105 | 110 | 40% |
Jan 7, 2026
$2,399,000
Initial Listing
May 17, 2017
$2,550,000
Public Record
Jul 22, 2010
$1,300,000
Public Record