19 days on rocket

1850 Industrial St Unit 407, Los Angeles, CA, 90021

$1,199,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
1,423 SqFt
$843/SqFt
Condo
Schools Nearby

Location

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1850 Industrial St Unit 407, Los Angeles$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Covered
Attached GarageYes
Year Built1925
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewBridge(s), City Lights, Mountain(s)
MLS #24390399
Lot Size0.73 Acres
StatusActive

About 1850 Industrial St Unit 407

Check out this large LIVE/WORK unit in the renowned Arts District's coveted & iconic Biscuit Company Lofts arguably DTLA's Premier Residence! Over 1420sf of truly wide-open space not wasting an inch in hallways or corridors, perfect for residential life or that retail showroom/small business office, even potential for a 2nd level loft addition. 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. 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 are taking over the ground floors previous anchor tenant of "Church and State" with their new venture: "Camelia" A French Japanese Bistro opening this summer, joining longtime neighborhood Bodega "Joes", The Flamingo Bar and Hanks Gourmet Grocery. Too many trendy and award-winning restaurants, bars, cafe's and Galleries in the continually exploding Arts District to mention here, but how about short stroll on the block to: 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.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 7
  • Living Area: 1,423 SqFt

Listing Office:

  • Office Name: The RandelleGreen Group
  • Office Phone: (213) 254-7626
  • Listing Agent: Randelle Green

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bridge(s), City Lights, Mountain(s)

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Controlled Entrance, Covered

Lot Features

Lot Information:

  • Lot Size: 0.73 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Felicitas and Gonzalo Mendez High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hollenbeck Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: DTLA's Arts District just east of Alameda, north of 7th Street and west of the new 6th Street Bridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $843/SqFt

HOA Fees:

  • Amount: $1050
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1850 Industrial St Unit 407 vs Los Angeles

19 DAYS ON ROCKET

-15 Days

$1,199,000

+$212.5K More

$843/SqFt

+$211 More

KEY TAKEAWAY

This property is $212.5K more than the Median Sold Price and $211/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24390399

Listing Office:

  • Office Name: The RandelleGreen Group
  • Office Phone: (213) 254-7626
  • Listing Agent: Randelle Green

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 11:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6357374
3
/10

  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-6357375
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.28 miles

  • Public Magnet Grades KG-6

school-card-donut-6357376
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.45 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6357377
5
/10

  • Hollenbeck Middle School

  • 2510 E 6th St

  • 1.15 miles

  • Public Magnet Grades 6-8

school-card-donut-6357378
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.77 miles

  • Public District Grades 6-8

High School

school-card-donut-6357379
5
/10

  • Felicitas and Gonzalo Mendez High School

  • 1200 Plaza Del Sol St

  • 0.95 miles

  • Public District Grades 9-12

school-card-donut-6357380
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 1.19 miles

  • Public Magnet Grades 9-12

school-card-donut-6357381
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.79 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,951. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1850 Industrial St Unit 407

What is the listing price of this property?

The listing price of 1850 Industrial St Unit 407 property is $1,199,000.

What type of property is this?

The property 1850 Industrial St Unit 407 is a condo located in Los Angeles, California, 90021.

Is this property for sale now?

Active Listing: 1850 Industrial St Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1850 Industrial St Unit 407 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Hollenbeck Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Felicitas and Gonzalo Mendez High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1850 Industrial St Unit 407 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1850 Industrial St Unit 407 is 1,423 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1850 Industrial St Unit 407 is 1925.

Rocket Homes›California›Los Angeles County›Los Angeles›90021›1850 Industrial St Unit 407

This home is located at 1850 Industrial St Unit 407 in Los Angeles, CA and zip code 90021 in the Central LA neighborhood. This 1,423 square foot home, which was built in 1925, sits on a 0.73 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $1,199,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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