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1850 Industrial Street , #407

Los Angeles (City), CA 90021
  • $975,000
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: 24390399
Price Reduced
UPDATED: 34 min ago
$975,000
  • 1
    BEDS
  • 0.73
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,423
    SQFT
  • $685
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Randelle Green of Compass (818-783-7721)


Description

Check out this SPRAWLING, RAW 1425sf LIVE/WORK unit at just $685psf in the renowned Arts District's coveted & iconic Biscuit Company Lofts. PER THE MLS, THAT WOULD BE THE LOWEST PRICE PER SQ FT SALE IN OVER 7 YEARS AT BISCUIT!!! With the "LIVE/WORK" zoning, this is also perfect for that small business/showroom. Arguably DTLA's Premier Residence! A massive wide-open, untapped space not wasting an inch in hallways or corridors. This powerful loft anxiously awaits a designers touch to make it their own, perfect for residential life or that retail showroom/small business office, even potential for a 2nd level loft addition. The east-facing unit garnering beautiful morning sunlight and awe-inspiring sun-rises, without getting baked by the west setting afternoon sun! A MILLS ACT recipient awarding a 65%-75% annual property tax abatement. Soaring 15' concrete ceilings and exposed ductwork over original narrow plank hardwood floors dating back over 100 yrs. Huge metal wrapped columns solidify the urban warehouse feel. Exposed brick covers the eastern wall of windows enabling an explosion of sunlight making this space super bright. Big eastern area views of the brand-new 6th Street bridge sitting in the shadows of The San Gabriel Mountain range. Modern stainless steel kitchen appliance & cabinet package and large bathroom with contemporary dual vessel sinks. Washer/Dryer in unit, deeded & assigned parking space in basement garage perfectly positioned next to the back service elevator and EV charger ready. One of just a few units in the building with a Private Storage room in lobby. Building offers a lovely English garden level saline lap pool, sun deck & BBQ area, huge multiple level fitness center and 24 hr. security. Water/gas/trash included in the HOA. Foodies are buzzing with James Beard award winning restaurateurs "Kaplan & Namba" of Tsubaki & Ototo who took over the ground floors previous anchor tenant of "Church and State" with their new venture: "Camelia" already commanding long lines and rave reviews! Camelia joins longtime neighborhood Bodega "Joes", The Flamingo Bar and Hanks Gourmet Grocery on the block. Too many trendy and award-winning restaurants, bars, cafe's and Galleries in the continually exploding Arts District to mention here, but here are just a few: Afuri, Guerilla Tacos, Tony's, Everson Royce Bar, Pizzanista, Bestia, Damian, Bike Moto Shed, Zinc Cafe, Girl and The Goat, Bavel, Yangban not to mention The Row, The Soho Warehouse and so, so much more! It's all right here.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-07T23:27:53.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/150453369
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1850 Industrial Street , #407 Los Angeles (City), CA 90021

  • Price: $975,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 34 min ago
  • ID#: 24390399
1
Beds
1
Baths
0
½ Baths
0.73
Acres
1,423
SQFT
$685
$/SQFT
1925
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Check out this SPRAWLING, RAW 1425sf LIVE/WORK unit at just $685psf in the renowned Arts District's coveted & iconic Biscuit Company Lofts. PER THE MLS, THAT WOULD BE THE LOWEST PRICE PER SQ FT SALE IN OVER 7 YEARS AT BISCUIT!!! With the "LIVE/WORK" zoning, this is also perfect for that small business/showroom. Arguably DTLA's Premier Residence! A massive wide-open, untapped space not wasting an inch in hallways or corridors. This powerful loft anxiously awaits a designers touch to make it their own, perfect for residential life or that retail showroom/small business office, even potential for a 2nd level loft addition. The east-facing unit garnering beautiful morning sunlight and awe-inspiring sun-rises, without getting baked by the west setting afternoon sun! A MILLS ACT recipient awarding a 65%-75% annual property tax abatement. Soaring 15' concrete ceilings and exposed ductwork over original narrow plank hardwood floors dating back over 100 yrs. Huge metal wrapped columns solidify the urban warehouse feel. Exposed brick covers the eastern wall of windows enabling an explosion of sunlight making this space super bright. Big eastern area views of the brand-new 6th Street bridge sitting in the shadows of The San Gabriel Mountain range. Modern stainless steel kitchen appliance & cabinet package and large bathroom with contemporary dual vessel sinks. Washer/Dryer in unit, deeded & assigned parking space in basement garage perfectly positioned next to the back service elevator and EV charger ready. One of just a few units in the building with a Private Storage room in lobby. Building offers a lovely English garden level saline lap pool, sun deck & BBQ area, huge multiple level fitness center and 24 hr. security. Water/gas/trash included in the HOA. Foodies are buzzing with James Beard award winning restaurateurs "Kaplan & Namba" of Tsubaki & Ototo who took over the ground floors previous anchor tenant of "Church and State" with their new venture: "Camelia" already commanding long lines and rave reviews! Camelia joins longtime neighborhood Bodega "Joes", The Flamingo Bar and Hanks Gourmet Grocery on the block. Too many trendy and award-winning restaurants, bars, cafe's and Galleries in the continually exploding Arts District to mention here, but here are just a few: Afuri, Guerilla Tacos, Tony's, Everson Royce Bar, Pizzanista, Bestia, Damian, Bike Moto Shed, Zinc Cafe, Girl and The Goat, Bavel, Yangban not to mention The Row, The Soho Warehouse and so, so much more! It's all right here.
Exterior Features

Attached Garage YN Yes Direction Faces East Entry Level 4 Parking Features AssignedControlled EntranceCovered Parking Total 0 Pool Features AssociationHeatedLapSalt Water Pool Private YN No View Bridge(s)City LightsMountain(s) View YN Yes

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Furnished Unfurnished Heating Central Heating YN Yes Interior Features Loft

Property Features

Association Amenities Controlled AccessPet Restrictions Association Fee 1050 Association Fee Frequency Monthly Association YN Yes Lease Considered YN No Levels One Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Pets Allowed Yes Property Sub Type Condominium Security Features 24 Hour Security Senior Community YN No Special Listing Conditions Standard Zoning LAM3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-07T23:27:53.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
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Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): Randelle Green of Compass (818-783-7721)