1850 Industrial Street #407
Los Angeles, CA 90021
1423 sqft | 1 bed | 1 bath | 0.73 acres | #24390399
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.
Property Details
- ViewBridges, CityLights, Mountains
- CountyLos Angeles
- Property SubtypeCondominium
- Original List Price$1,199,000
- Property TypePurchase
- MLS #24390399
- MLS #24390399
- Acres0.7261
- Cost975000
- InteriorLoft
- Square Feet1423
- Year Built1925
- Hoa Fees1050
- Pets AllowedYes
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories7
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Randelle Green (#CLW-X73273)
Listing Office: Compass (#CLW-X8146116)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
