1 month on rocket

1850 Industrial St Unit 701, Los Angeles, CA, 90021

$2,249,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths, 1 Partial
2,030 SqFt
$1,108/SqFt
Condo
Schools Nearby

Location

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1850 Industrial St Unit 701, Los Angeles$2,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Year Built1925
HeatingCentral
CoolingCentral Air
FireplacePrimary Bedroom
ViewBridge(s), City Lights, Mountain(s), Panoramic
MLS #24372809
Lot Size0.73 Acres
StatusActive

About 1850 Industrial St Unit 701

On the exclusive 7th floor penthouse level, lies one of the most unique and RARE penthouse's ever to be presented at the historically designated Biscuit Lofts. Unit #701 is a 2,030 sqft. townhome style unit with approx. 1000 sqft of private patios, including a 360 panoramic corner rooftop deck with views of the entire city! It cannot be denied that this is one of the most stunning private rooftop decks in the Arts District, and will elevate your outdoor entertainment to next level impressiveness. The open kitchen features stainless steel appliances and cabinetry, Wolf 6-burner stove, Subzero refrigerator, and overlooks the stunning lower living space with towering ceilings and hardwood floors. A wall of windows overlooks Downtown LA landmark buildings, the new 6th Street Bridge, and the stunning San Bernardino Mountain range. There are two bathrooms on the lower level, allowing for an additional bedroom space or office with a private full bath. The upper level is the luxurious master suite with soaring ceilings, laundry facilities, and a fireplace. Another advantage of the Biscuit Lofts being live/work space, is these versatile units can be a home, office or any combination of both! The building offers a 24/7 concierge, saline pool and showers, Viking BBQ's, firepit, and a full gym. MASSIVE REDUCTION IN PROPERTY TAXES DUE TO MILLS ACT. Included are THREE underground parking spaces and one storage unit. (Unit #702 directly next store is also for sale and can be purchased as an additional guest suite, a separate office space, a private gym, a lounge for the main workspace next door, a theater, an artist's studio, a rental unit, or possibly connecting the two units (HOA approval required) and used as a directly connected extra space of your choice.)

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 7
  • Living Area: 2,030 SqFt

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Frank Bruno

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Loft
  • Fireplace: Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Underground

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: Corner of Mateo and Industrial

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,000
  • Price Per SqFt: $1,108/SqFt

HOA Fees:

  • Amount: $1075
  • 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

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1850 Industrial St Unit 701 vs Los Angeles

31 DAYS ON ROCKET

-3 Days

$2,249,000

+$1.2M More

$1,108/SqFt

+$480 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $480/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: #24372809

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Frank Bruno

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: 4/27/2024, 3:25:18 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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$12.3K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,809

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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-1002979
3
/10

  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-1002980
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.28 miles

  • Public Magnet Grades KG-6

school-card-donut-1002981
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.45 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1002982
6
/10

  • Hollenbeck Middle School

  • 2510 E 6th St

  • 1.15 miles

  • Public Magnet Grades 6-8

school-card-donut-1002983
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.77 miles

  • Public District Grades 6-8

High School

school-card-donut-1002984
4
/10

  • Felicitas and Gonzalo Mendez High School

  • 1200 Plaza Del Sol St

  • 0.95 miles

  • Public District Grades 9-12

school-card-donut-1002985
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-1002986
8
/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. Residents typically live in single, no kids family. Most 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 701

What is the listing price of this property?

The listing price of 1850 Industrial St Unit 701 property is $2,249,000.

What type of property is this?

The property 1850 Industrial St Unit 701 is a condo located in Los Angeles, California, 90021.

Is this property for sale now?

Active Listing: 1850 Industrial St Unit 701 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 701 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Hollenbeck Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Felicitas and Gonzalo Mendez High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1850 Industrial St Unit 701 has 1 bedroom and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1850 Industrial St Unit 701 is 2,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1850 Industrial St Unit 701 is 1925.

Rocket Homes›California›Los Angeles County›Los Angeles›90021›1850 Industrial St Unit 701

This home is located at 1850 Industrial St Unit 701 in Los Angeles, CA and zip code 90021 in the Central LA neighborhood. This 2,030 square foot home, which was built in 1925, sits on a 0.73 acre lot. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $2,249,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

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

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