1855 Industrial Street 703, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath

1855 Industrial Street 703
Los Angeles, California 90021
Property Price
SUMMARY
Analysis of 1855 Industrial Street 703, Los Angeles, California 90021 is currently available with a list price of $749,000. 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 penthouse loft is move-in ready and blends historic 1924 industrial elements with modern updates. It features recently upgraded high-end appliances (Bosch, Samsung, LG) and new window glass with motorized shades. While the building is historic and the loft conversion is approximately 20 years old, the unit is well-maintained with functional systems and contemporary finishes, fitting the 'good' criteria perfectly.
PROSSTRENGTHS & OPPORTUNITIES
- Authentic Industrial Aesthetic
This penthouse loft features soaring 12-foot ceilings, original 1924 concrete floors, and historic columns, providing a rare and highly sought-after industrial-chic live/work environment.
- Prime Arts District Location
Perfectly positioned in the heart of DTLA's Arts District, the property is steps away from world-class dining like Bestia and Bavel, as well as major creative hubs like Warner Music and Spotify.
- Comprehensive Resort Amenities
Residents enjoy premium building features including a 24-hour doorman, a rooftop pool with panoramic skyline views, a two-story gym, and the convenience of assigned indoor secured parking.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee is $900 per month, which represents a significant recurring cost that may deter budget-conscious buyers or impact overall financing qualifications.
- Open Concept Privacy Constraints
With under 1,000 square feet and a completely open loft layout, the unit offers limited acoustic and visual privacy, which may be a drawback for those sharing the space or requiring a dedicated quiet office.
About 1855 Industrial Street 703
Toy Factory Lofts, a highly coveted Live/work loft community in the vibrant Arts District of DTLA. This remarkable Penthouse loft, a rare find, boasts an expansive open floor plan with soaring 12-foot ceilings. Original 1924 concrete floors and columns combine historic features with modern living. The loft is illuminated by oversized industrial-style windows, recently upgraded with new glass and motorized shades, facing south to invite abundant of natural light throughout the space. Recent upgrades include kitchen appliances: a Bosch gas stove, Samsung refrigerator and dishwasher, and a large LG front loading stackable washer-dryer. Resort like building amenities enhance the living experience, offering a secure lobby with a 24-hour doorman, a rooftop pool surrounded by a sun deck and a cozy fire pit that provides breathtaking views of the DTLA skyline, 6th Street Bridge, and snow capped mountains. Enjoy a communal deck with lush green spaces, barbecue areas, and a two-story gym. Residents benefit from an assigned, indoor, secured parking space in the attached private garage. Toy Factory Lofts is located just steps away from Hank's Organic Market, restaurants like Camila, Bestia, Bavel, The Soho House, DTLA Row Factory, The Bike Shed Moto Co, and galleries including Hauser & Wirth, ICA LA and many more. It is also located 2 blocks from Warner Music and Spotify offices with easy access to the 5, 10 & 101 FWYS. This penthouse loft offers the ultimate freedom to live, create, and work from home in a true industrial-chic settinga rare opportunity in one of DTLA's most iconic buildings.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 42,628 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / 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 | 1.0 | 1.5 | 50% |
| Square foot | 976 | 1,393.5 | 25% |
| Lot Size | 42,628 | 37,129 | 50% |
| Price | $749.0K | $812.5K | 25% |
| Price per sq ft | $767 | $720 | 50% |
| Built year | 1923 | 1925 | 25% |
| HOA | $900.0 | $987 | 25% |
| Days on market | 6 | 174 | 25% |
Pricing History
Listed for Sale
Feb 28, 2026
$749,000
Initial Listing
Sold
May 18, 2016
$660,000
Public Record
Sold
Jul 27, 2004
$365,000
Public Record


















































