1850 Industrial Street 708, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 2 bath

1850 Industrial Street 708, Los Angeles, California 90021 home-pic-0
ACTIVE$2,498,000
1850 Industrial Street 708, Los Angeles, California 90021
1Bed
2Baths
2,405Sqft
31,630Lot
Year Built
1925
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,039
HOA
$1,256
Days on market
-
Sold On
-
MLS number
P1-23877
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Panoramic
Deck
ViewCity Lights,Mountain(s),Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(80th), sqft - 2405(80th), beds - 1(50th), baths - 2(50th).

Step into an exceptional urban sanctuary at the Biscuit Lofts in the Arts District--a true artist's mega loft that harmonizes industrial charm with modern elegance. Sprawling across 2,400 square feet, this unique space boasts soaring 17-foot ceilings, creating a voluminous atmosphere perfect for creative expression and dynamic living. Biscuit Lofts is on the National Register of Historic Buildings, and owners have the benefits of the Mills Act.Designed for the discerning individual, this loft features two luxurious bathrooms and a versatile open layout adaptable to your personal needs, including the opportunity to expand a second bedroom. The seamless transition between indoor and outdoor living extends to two private outdoor spaces totaling nearly 1,200 additional square feet, offering serene retreats with panoramic cityscape views--ideal for entertaining or quiet reflection.Residents of this prestigious midrise enjoy a wealth of premium amenities, including a full-time concierge service, a 75-foot pool with a BBQ area, and a subterranean parking garage. This unit comes with two assigned parking spaces, both with EV hookups in the secured garage. Security is paramount, with a robust security system and gated entry ensuring peace of mind.Downtown LA's Arts District is the heart of the vibrant culinary scene in Los Angeles with acclaimed restaurant Camelia on site and endless world-class restaurants mere steps away. Embrace the epitome of style and sophistication in the heart of Downtown Los Angeles' Arts District.

Price History

Date
Event
Price
08/29/25
Listing
$2,498,000
05/17/17
Sold
$2,550,000
07/22/10
Sold
$1,300,000
Condition Rating
Excellent

Despite being built in 1925, this loft has undergone an extensive and high-quality modern renovation. The kitchen features professional-grade stainless steel appliances, sleek dark cabinetry, and marble countertops, all appearing virtually new. Both bathrooms are fully updated with contemporary fixtures, floating vanities, and modern tiling. The polished concrete floors, industrial-chic lighting, and overall finishes throughout the property are current and in excellent condition, indicating a recent and comprehensive renovation that meets current quality standards.
Pros & Cons

Pros

Prime Location & Lifestyle: Located in the highly sought-after Downtown LA Arts District, offering immediate access to a vibrant culinary scene with acclaimed restaurants on-site and steps away.
Unique Historic Property with Mills Act Benefits: An exceptional artist's mega loft in the Biscuit Lofts, a building on the National Register of Historic Buildings, providing potential significant property tax savings through the Mills Act.
Expansive & Versatile Living Space: Sprawling 2,400 square feet with soaring 17-foot ceilings creates a voluminous atmosphere and a versatile open layout, with the opportunity to expand to a second bedroom.
Exceptional Outdoor Living & Views: Features two private outdoor spaces totaling nearly 1,200 additional square feet, offering serene retreats with panoramic cityscape, city lights, and mountain views.
Premium Building Amenities & Security: Residents benefit from a full-time concierge, a 75-foot pool with BBQ area, subterranean parking with two assigned EV-ready spaces, and robust security with gated entry.

Cons

High Association Fees: The monthly association fee of $1256.0 is substantial and adds significantly to the overall cost of ownership, which may deter some buyers.
Limited Dedicated Bedrooms: While the layout is versatile and allows for a second bedroom, the property is currently configured as a 1-bedroom unit, potentially limiting its appeal to families or those requiring multiple private sleeping areas.
Urban Environment Drawbacks: Despite the vibrant location, an urban setting can inherently come with potential downsides such as noise, traffic, and density, which may not appeal to all prospective buyers.

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