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

1855 Industrial Street 401, Los Angeles, California 90021 home-pic-0

1855 Industrial Street 401

Los Angeles, California 90021

ACTIVE
CONDITION: GOOD
1Beds
2Baths
1,941Sq Ft
42,628Lot Size

Property Price

LIST PRICE$1,499,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.01.0
50%
Baths2.02.0
50%
Square foot1,9411,694
75%
Lot Size42,62837,129
50%
Price$1.50M$1.16M
50%
Price per sq ft$772$723
50%
Built year19241925
50%
HOA$1075.0$1.0K
50%
Days on market22174
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

Browse Properties by State Browse housing market trends by state