1855 Industrial Street 112, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 2 bath

1855 Industrial Street 112, Los Angeles, California 90021 home-pic-0
ACTIVE$1,222,222$2,020/sqft
1855 Industrial Street 112, Los Angeles, California 90021
1Bed
2Baths
2,020Sqft
42,628Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Arts District Location & Lifestyle: Located in one of the Arts District's most dynamic corridors, surrounded by studios, dining, and cultural destinations, with on-site and across-the-street convenience stores, offering an exceptional urban lifestyle.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2020, other record living area = 1447.

Compared to the nearby listings

Price:$1.22M vs avg $1.02M (+$198,611)50%
Size:2,020 sqft vs avg 1,694 sqft75%
Price/sqft:$605 vs avg $63950%

More Insights

Built in 1924 (102 years old).
Condition: Despite being built in 1924, this loft has undergone extensive modern renovations, as evidenced by the description and images. The kitchen features modern stainless steel appliances (induction cooktop, dual convection oven, microwave, dishwasher, refrigerator), contemporary light wood cabinetry, a stylish gray subway tile backsplash, and hardwood flooring. Both bathrooms are fully updated with modern floating vanities, large format tile, and contemporary fixtures, appearing virtually new. The property boasts new HVAC installed last year, a smart Nest thermostat, smart recessed lighting, and soundproof windows, indicating recent and high-quality system upgrades. Hardwood floors are consistent throughout the living areas, and the overall aesthetic is sleek and modern, meeting current quality standards with no visible deferred maintenance.
Year Built
1924
Close
-
List price
$1.22M
Original List price
$1.22M
Price/Sqft
$605
HOA
$965.12
Days on market
-
Sold On
-
MLS number
26635689
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
Pool
ViewCity Lights,Panoramic

About this home

This is a rare opportunity to own a truly distinctive ground-level residence in the iconic Toy Factory Lofts, ideal for those seeking a highly flexible space that can comfortably support creative or studio use within a residential setting. Originally built in 1924, this historic 121-unit building blends preserved industrial character with thoughtful modern upgrades. Uniquely positioned as the only residential unit on the ground level, the home features a private, street-level entrance, offering exceptional flexibility for hosting and entertaining while maintaining residential privacy. The open layout naturally lends itself to studio configurations, making it especially appealing to artists, designers, photographers, collectors, and creative professionals. Soaring ceilings and oversized industrial windows flood the space with natural light, enhancing both functionality and visual impact while providing expansive wall space and adaptable floor planning. The one-bedroom layout includes two full bathrooms and a walk-in closet, allowing for clear separation between living and creative zones. The open kitchen is well equipped with an induction cooktop, dual convection oven and microwave, dishwasher, and refrigerator, ideal for extended days or entertaining. Hardwood floors run throughout, and soundproof windows provide a quiet, refined interior despite the surrounding urban energy. An in-unit washer and dryer add everyday convenience. Recent upgrades include a new HVAC system installed last year, a smart Nest thermostat, and smart recessed lighting, well suited for controlled ambiance and flexible use. Residents enjoy a full suite of amenities including a pool, barbecue area, landscaped garden, fire pit, expansive rooftop common areas with sweeping skyline views, and a two-level gym. A convenience store is located on-site, and Hank's Organic Supermarket & Grill is directly across the street. EV charging is available throughout the garage. Parking is a standout feature, with two assigned tandem garage spaces, offering rare convenience for owners and visitors and making this ground-level residence especially functional. Security and peace of mind are addressed with a gated entrance, video surveillance, security patrol, and full-time doorman service, complemented by active Arts District Business Improvement Team patrols. Located along one of the Arts District's most dynamic and creative corridors, you are surrounded by studios, dining, and cultural destinations, making this an exceptional opportunity for those seeking an inspiring, flexible residence with strong creative and studio potential.

D
Deanna Oerman
Listing Agent

Price History

Date
Event
Price
11/09/16
Sold
$1,333,500
10/24/14
Sold
$990,000
Condition Rating
Excellent

Despite being built in 1924, this loft has undergone extensive modern renovations, as evidenced by the description and images. The kitchen features modern stainless steel appliances (induction cooktop, dual convection oven, microwave, dishwasher, refrigerator), contemporary light wood cabinetry, a stylish gray subway tile backsplash, and hardwood flooring. Both bathrooms are fully updated with modern floating vanities, large format tile, and contemporary fixtures, appearing virtually new. The property boasts new HVAC installed last year, a smart Nest thermostat, smart recessed lighting, and soundproof windows, indicating recent and high-quality system upgrades. Hardwood floors are consistent throughout the living areas, and the overall aesthetic is sleek and modern, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Arts District Location & Lifestyle: Located in one of the Arts District's most dynamic corridors, surrounded by studios, dining, and cultural destinations, with on-site and across-the-street convenience stores, offering an exceptional urban lifestyle.
Exceptional Versatility & Live-Work Potential: A highly flexible, open-layout space ideal for creative or studio use within a residential setting, appealing to artists, designers, photographers, and other creative professionals.
Historic Charm with Modern Upgrades: The iconic 1924 Toy Factory Lofts building blends preserved industrial character with thoughtful modern upgrades, including soaring ceilings, oversized industrial windows, new HVAC, smart thermostat, and soundproof windows.
Comprehensive Building Amenities & Security: Residents enjoy a full suite of amenities including a pool, gym, rooftop common areas with skyline views, and high-level security features like a gated entrance, video surveillance, security patrol, and full-time doorman service.
Unique Ground-Level Unit with Private Entrance & Parking: As the only ground-level residential unit, it offers a private, street-level entrance for exceptional flexibility, complemented by rare two assigned tandem garage spaces and EV charging.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2020, other record living area = 1447.
High Monthly HOA Fees: The association fee of $965.12 per month is substantial and will add significantly to the overall cost of ownership.
Limited Bedroom Count: The property features a one-bedroom layout, which may limit its appeal to a broader market, particularly those seeking more traditional multi-bedroom residences.
Lack of Private Outdoor Space: While the building offers extensive common outdoor amenities, the ground-level unit itself does not appear to include a private patio or balcony, which some buyers may desire.
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