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$875,000
1 bath
1,147 Sqft
31,630 Sqft lot

1850 Industrial Street 506, Los Angeles, California 90021

  • Residential Property Type
  • 23 Days Time on market
  • $763 Price per sqft
  • 1925 Year Built
Property Description

SIGNIFICANT REDUCTION IN PROPERTY TAXES DUE TO MILLS ACT! This 1147 square-foot loft is located in the historic Biscuit Company Lofts building in the Arts District of Los Angeles — a 1925 structure that once served as the National Biscuit Company’s (Nabisco) West Coast headquarters. In 2007, developers completed an award-winning renovation converting it into 104 lofts and incorporated areas for upscale dining. Biscuit Company Lofts hold the prestigious designation of being a Los Angeles Historical-Cultural Monument (HCM #888), allowing owners reduced property taxes under the Mills Act. Unit 506 features a contemporary design with industrial chic, including an open floor plan, 13-ft ceilings, original 1925 maple hardwood floors, exposed brick, and oversized industrial windows. A stainless kitchen and large bathroom are seamlessly integrated. Building amenities include a 24/7 concierge, gym membership in an affiliated building, landscaped gardens, a 75-foot saltwater pool, gated parking, and a 24/hour front desk and security system. There is a storage locker available on site that can be included in a full price offer. This loft offers the convenience of walking distance to the new Sixth Street Viaduct, also known as the Sixth Street Bridge connecting the Arts District with the vibrant Boyle Heights neighborhood. A short distance from the building: Bike Shed, Soho Warehouse, Bestia, Guerrilla Tacos, Hauser & Wirth, Manuela, Alchemy Works, Girl & The Goat, Dover Street Market, Everson Royce bar, Hank’s Organic, Pizzanista! The property is near downtown Los Angeles and world-renowned arts district restaurants, LA’s Chinatown and Little Tokyo. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, HOA fees or assessments, Mills Act designation, Historical Cultural Monument status, use code, permits, school district and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer to investigate Mills Act property tax reduction to their own satisfaction. Buyer is advised to independently verify the accuracy of all information through personal inspection and with the appropriate professionals. The loft was shot staged but will be shown vacant.

Basic Details
Residential
Buy
24389691
$875,000
1
1,147 Sqft
1925
31,630 Sqft
Active
Condominium
Condos/Co-ops
Features
: Association, In Ground, Salt Water
: Central
: City Lights, Bridge(s)
: Unfurnished
: Oven, Dryer, Dishwasher, Microwave, Washer, Range
: Security, Outdoorcookingarea, Firepit
0
$0
: Other
Address
CA
Los Angeles
Los Angeles
90021
1850 Industrial Street 506
1850
Street
0
W119° 46' 1.8''
N34° 2' 7.6''
Additional Information
23
1
1
0
1
: One
1,147 Sqft
0 Sqft
0 Sqft
: Loft, High Ceilings, Beamed Ceilings, Open Floorplan, Brickwalls
0.73 Sqft
31,630 Sqft
1
0 Sqft
LAM3
5164021080
$0
Monthly
$892
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
1
08/05/2024 16:06:43
$0
: Standard
See map. Street parking is available for prospective buyers.
Secret HQ, Inc
Lek Adjchavanich
CLW-X82614
CLW-C133099
$0
: Brick
: Wood
1
1
0
0
1
1
104
Carbon Monoxide Detector(s),Smoke Detector(s)
506
US-06037-N-5164021080-R-N
Condominium
18/05/2024 02:22:43
Industrial
C23 - Metropolitan
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