REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 975,000

Est. payment -/mo

Save

Price Dropped by $24K

1850 Industrial ST #407 Los Angeles, CA 90021

1 Bed

1 Bath

1,423 SqFt

OPEN HOUSE

Sun Oct 27, 2:00pm - 4:00pm

UPDATED:

10/27/2024 01:35 AM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,423 sqft

Price per Sqft $685

MLS Listing ID 24390399

Bedrooms 1

Full Baths 1

Condo Fees $1,050

HOA Fees $1,050/mo

HOA Y/N Yes

Year Built 1925

Lot Size 0.726 Acres

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAM3

Interior

Interior Features Loft

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Garage Assigned, Controlled Entrance, Covered

Pool Association, Heated, Lap, Salt Water

Amenities Available Controlled Access, Pet Restrictions

View Y/N Yes

View Bridge(s), City Lights, Mountain(s)

Parking Type Assigned, Controlled Entrance, Covered

Attached Garage Yes

Private Pool No

Building

Faces East

Story 7

Entry Level One

Level or Stories One

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 5164021066

Security Features 24 Hour Security

Special Listing Condition Standard

Pets Description Yes

Listed by Randelle Green • Compass

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100