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1855 Industrial Street 703, Los Angeles, California 90021, Los Angeles, 90021 - bed, 1 bath

1855 Industrial Street 703, Los Angeles, California 90021 home-pic-0
ACTIVE$749,000
1855 Industrial Street 703, Los Angeles, California 90021
0Bed
1Bath
976Sqft
42,628Lot
Year Built
1923
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$767
HOA
$874.39
Days on market
-
Sold On
-
MLS number
25606291
Home ConditionGood
Features
Excellent View:
Deck
Pool
View

About this home

We found 3 Cons,5 Pros. Rank: price - $749.0K(20th), sqft - 976(20th), beds - undefined(20th), baths - 1(40th).

Discover the iconic Toy Factory Lofts, a highly coveted Live/work loft community in the vibrant Arts District of DTLA. This remarkable penthouse loft, a rare find, boasts an expansive open floor plan with impressive 12-foot ceilings, concrete flooring, and striking columns. The loft is illuminated by oversized industrial-style windows recently upgraded with new glass and motorized shades, facing south to invite abundant natural light throughout the space. Recent upgrades include kitchen appliances, including a Bosch gas stove, Samsung refrigerator and dishwasher, and a convenient LG front loading stackable washer-dryer. Building amenities enhance the living experience, offering a secure lobby with a 24-hour doorman, a rooftop pool surrounded by a sun deck that provides breathtaking views and a cozy fire pit, as well as a third-floor communal deck with lush green spaces, barbecue areas, and a two-story gym. Residents will also benefit from an indoor, secured parking space in the attached private garage. Conveniently located just steps away from Hank's Organic Market, Camila, Bestia, Bavel, The Soho House, Factory Kitchen, The Bike Shed Moto Co, and Hauser & Wirth Gallery, this vibrant neighborhood offers an abundance of dining, shopping, and cultural experiences to enjoy.

Price History

Date
Event
Price
10/27/25
Listing
$749,000
05/18/16
Sold
$660,000
07/27/04
Sold
$365,000
Condition Rating
Good
This penthouse loft is in good condition, offering a move-in ready experience. The description highlights recent upgrades including new kitchen appliances (Bosch, Samsung, LG) and recently upgraded industrial-style windows with new glass and motorized shades, indicating significant investment in key areas. The images confirm a clean, modern industrial aesthetic with well-maintained concrete flooring and high ceilings. The bathroom, while not luxurious, is clean, functional, and features classic subway tile. The property is well-maintained overall, fitting the 'good' criteria of being extensively renovated within 5-15 years (implied by 'recent upgrades' in a 1923 building) and having functional, well-maintained systems. The primary factor preventing an 'excellent' score is the noted absence of central air conditioning, which is a significant consideration in Los Angeles.
Pros & Cons

Pros

Prime Arts District Location: Situated in the highly coveted DTLA Arts District, offering immediate access to renowned dining, cultural institutions, and essential amenities, fostering a vibrant urban lifestyle.
Exceptional Building Amenities: Features comprehensive amenities including a 24-hour doorman, rooftop pool with sun deck and fire pit, communal green spaces with BBQ, a two-story gym, and secured indoor parking.
Penthouse Loft with Architectural Character: A rare penthouse unit in the iconic Toy Factory Lofts, boasting an expansive open floor plan, impressive 12-foot ceilings, concrete flooring, and striking industrial columns.
Recent Modern Unit Upgrades: Benefits from recent upgrades including new industrial-style window glass with motorized shades, and updated kitchen appliances (Bosch, Samsung) and laundry (LG stackable W/D).
Abundant Natural Light: South-facing oversized industrial-style windows, recently upgraded, invite significant natural light throughout the space, creating a bright and inviting atmosphere.

Cons

High Monthly Association Fees: The association fee of $874.39 per month is substantial and represents a significant ongoing cost for potential buyers.
Lack of Defined Private Spaces: The expansive open floor plan, while characteristic of lofts, may lack the defined private rooms (e.g., separate bedrooms) that some buyers prefer, potentially limiting its appeal.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during warmer months in Los Angeles, especially for a south-facing unit.

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