1855 Industrial Street 401, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 2 bath

1855 Industrial Street 401
Los Angeles, California 90021
Property Price
SUMMARY
Analysis of 1855 Industrial Street 401, Los Angeles, California 90021 is currently available with a list price of $1,499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
This historic 1924 loft is in move-in ready condition, benefiting from its high-quality conversion into the Toy Factory Lofts. The interior features well-maintained polished concrete floors, original steel casement windows, and a kitchen outfitted with top-tier appliances. While the building conversion occurred approximately 20 years ago, the unit shows minimal wear, modern fixtures, and high-end industrial finishes that meet current luxury standards without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Industrial Aesthetic
As a corner unit in the historic Toy Factory Lofts, this residence features soaring ceilings and original steel casement windows that flood the nearly 2,000-square-foot space with exceptional natural light.
- Versatile Live/Work Layout
The expansive open-concept floor plan offers rare flexibility for creative professionals, providing ample room for a home studio or office without compromising the living and dining areas.
- Premier Building Amenities
Residents benefit from a comprehensive luxury package, including 24-hour security, a resort-style rooftop pool with panoramic DTLA views, and the rare convenience of guest parking in the Arts District.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $1,075 per month, the association fees are substantial and may impact the overall affordability for buyers sensitive to high recurring carrying costs.
- Limited Dedicated Parking
Despite the large square footage and live/work potential, the unit only includes one dedicated parking space, which may be insufficient for multi-vehicle households or clients.
About 1855 Industrial Street 401
Quintessential Arts District loft located in one of the neighborhood's most iconic buildings, The Toy Factory Lofts. This expansive corner live/work residence showcases soaring ceilings, polished concrete floors, and oversized original steel casement windows that wrap the space in natural light throughout the day. The open-concept layout offers exceptional flexibility, ideal for effortless loft living, a work-from-home setup, or a creative studio. A private balcony extends the living space outdoors, enhancing the airy industrial character of the home. The kitchen is outfitted with top-tier appliances and seamlessly connects to the main living and dining area for both everyday comfort and entertaining. An in-unit washer and dryer further enhance convenience. Residents enjoy a hosts of amenities including 24-hour on-site security, a stunning rooftop pool with multiple lounge areas, an outdoor fireplace, and sweeping views of Downtown Los Angeles. The building also features a fully equipped fitness center and a beautifully landscaped garden terrace. One dedicated parking space is included, along with guest parking. Ideally situated just moments from the Arts District's best restaurants, cafes, galleries, and boutiques, this loft offers the ultimate DTLA lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1924
- Lot Size
- 42,628 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1075.0 / 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 | 1,941 | 1,694 | 75% |
| Lot Size | 42,628 | 37,129 | 50% |
| Price | $1.50M | $1.16M | 50% |
| Price per sq ft | $772 | $723 | 50% |
| Built year | 1924 | 1925 | 50% |
| HOA | $1075.0 | $1.0K | 50% |
| Days on market | 22 | 174 | 25% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,499,000
Initial Listing
Sold
May 7, 2018
$1,599,000
Public Record
Sold
Oct 14, 2015
$450,000
Public Record
Sold
Dec 29, 2011
$450,004
Public Record
Sold
Jul 28, 2011
$450,000
Public Record
Sold
Jul 28, 2005
$750,000
Public Record
Sold
Jul 27, 2004
$540,000
Public Record
















