• Asking Price $1,045,000
  • Estimated Value: $1,333,208
  • HOT 1855 E INDUSTRIAL ST #505 LOS ANGELES, CA 90021

  • 1 Bed 1 Bath 1,598 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 1855 E INDUSTRIAL ST #505, LOS ANGELES, CA 90021

Features

  • Price/sqft: $653
  • Lot Size: 42526 sq. ft.
  • Total Units: 121
  • Total Rooms: 3
  • Room List: Bedroom 1, Bathroom 1, Loft
  • Heating: Central Furnace
  • Construction Type: Concrete

Facts

  • Year Built: 01/01/1924
  • Property ID: 949643746
  • MLS Number: 24-462537
  • Parcel Number: 5164-012-084
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: TR=54050 LOT 1 CONDO UNIT 58 (AIRSPACE AND 1/119 INT IN COMMON AREA)
  • Zoning: LAM3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Iconic Toy Factory loft with rare outdoor balcony and unobstructed south-facing views. Located in the center of Downtown LAs Art's district the 121-unit complex was originally built in 1924 and maintains many of its original details. Polished concrete floors, exposed ducting, 11' ceilings and an enormous factory window define the space. With a spacious 1600 sq feet you can create so many well-defined areas: Live, work, lounge, entertain, read, reflect and enjoy ...so many possibilities. The 5th floor unit has a rare private balcony (previously a fire escape) and has many upgrades. Custom built-ins and cabinetry strategically carve out the bedroom and add closet space and storage. The moody kitchen has a colorful tile backsplash, stainless appliances, refurbished cabinets and a fabulous center island. The spacious bathroom has two sinks and a tub/shower combo. Central Heat & Air, inside laundry and one parking space in the secured parking garage with it's own car charger. Building amenities include: 24-hour security, a year-round heated rooftop pool with panoramic views of Downtown LA and a zen-inspired 3rd floor sundeck with beautiful potted plants and bbq grills. Private gym on the 1st floor and Amazon lockers provide convenience. The vibrant community can be accessed by foot, day or night. Colorful and exemplary cuisine surround the area with such favorites as Camelia, Bestia, Bevel and Zinc cafe & bar. The fabulous Hank's Organic market is around the corner. Underway is the nearby 12-acre "PARC" project which will create a massive public green space, event arenas, a dog park and more along the LA River. Convenient to major freeways and infrastructure. A wonderful opportunity to own an original downtown LA loft in one of LA's most coveted neighborhoods.

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Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.

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Property Brokerage: Keller Williams Larchmont 118 N. Larchmont Blvd. Los Angeles CA 90004
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.