NOT LISTED FOR SALE

Biscuit Company Lofts 1850 Industrial St Unit 208 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $619,978 - $811,000

1 Bed
1 Bath
630 Sq Ft
$605/mo HOA Fee

Last Sold June 25, 2021

Last sale price $620,000 $984 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,608/month

97 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Community
  • Felicitas and Gonzalo Mendez High Rated A-
  • In Ground Pool
  • City Lights View

About This Home

As of June 2021

Rare opportunity to buy into the landmark Biscuit Company Lofts building. This prestigious 1925 factory was converted in 2007 to the highest luxury standards while retaining the unique period details and character from the original construction. This loft has an open floorplan allowing for an easy flow from kitchen/living area, to a dining/office area and a bedroom all beautifully lit from the 8 foot south-facing windows. The 13 foot ceilings give a lovely sense of space. The stainless steel kitchen has highest spec. appliances and Caesarstone countertops. Bathroom features marble walls and counter, an oversize soaking tub and in-unit laundry. A mixture of textures - exposed brick, concrete, original Maple hardwood floors, metal clad pillar and terrazzo - make this a stunning industrial live/work gem. Building amenities include one designated secure underground parking space, 24 hr doorman, dog run (the building is pet friendly), 25 yard saline lap pool in a landscaped garden with BBQ, firepit and outdoor lounge. The historic designation of the building means greatly reduced property taxes for owners under the Mills Act. The Arts District neighborhood is home to some of LA's most popular restaurants all within walking distance: Bestia, Soho House, Bavel, Factory Kitchen and The Row just to name some. Very convenient for all major freeways and Metro. Don't miss this opportunity to buy into this highly desirable building in the vibrant Arts District neighborhood of downtown LA

Last Agent to Sell the Property

Jennifer Chan

COMPASS License #01780218 Listed on: 03/02/2021

COMPASS

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1925

Lot Details

  • 1 Common Wall
  • South Facing Home
  • No Sprinklers

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 630 Sq Ft Home
  • Brick Wall or Ceiling
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5164021037

Community Details

Overview

  • Biscuit Company Lofts HOA, Phone Number (310) 574-7426
  • Fsresidential.Com Association
  • First Service Residential HOA

Amenities

  • Concierge
  • Community Fire Pit
  • Community Barbecue Grill

Recreation

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,518

Year Built

Built in 1925

Lot Details

0

HOA Fees

$605 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Fire and Smoke Detection System, Gated Community
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5164021037
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 630.00 Square Feet
  • Interior Amenities: Brick Walls, Stone Counters
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 984.13

Exterior Features

  • Patio: No
  • Direction Faces: South
  • View: City Lights
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: fsresidential.com
  • Amenities: Barbecue, Concierge, Fire Pit, Gas, Pet Rules, Pets Permitted, Pool, Security, Trash, Water
  • Association Fee: 605.00
  • Association Fee Frequency: Monthly
  • Association Name: Biscuit Company Lofts HOA
  • Phone: (310) 574-7426
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 31720.00
  • Lot Size Acres: 0.7300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31720.0000 Square Feet

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Mohazzebi Sara
Bought by
Myla Living Trust and Mohazzehi
Current Estimated Value
$701,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Outstanding Balance
$437,731
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$263,764

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 17, 2021
Sold by
Timothy Gledhill
Bought by
Myla Living Trust
Seller's Agent
Jennifer Chan
COMPASS
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$635,000
Sold Price
$620,000
Premium/Discount to List
-$15,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$434,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 15, 2021
Sold by
Clifford Eberly
Bought by
Gledhill Timothy
Seller's Agent
Jennifer Chan
COMPASS
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$635,000
Sold Price
$620,000
Premium/Discount to List
-$15,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
673 Mateo Llc
Bought by
Gledhill Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,473
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Myla Living Trust -- Stewart Title Of California In
Mohazzebi Sara -- Stewart Title Of California In
Myla Living Trust $620,000 Chicago Title
Gledhill Timothy -- Chicago Title
Gledhill Timothy $383,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohazzebi Sara $446,000
Previous Owner Myla Living Trust $434,000
Previous Owner Gledhill Timothy $348,350
Previous Owner Gledhill Timothy $344,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $620,000 -2.4% $984 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $635,000 -- $1,008 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,518 $196,000 $39,200 $156,800
2024 $2,518 $196,000 $39,200 $156,800
2023 $2,514 $196,000 $39,200 $156,800
2022 $2,438 $196,000 $39,200 $156,800
2021 $2,370 $196,000 $39,200 $156,800
2019 $2,389 $210,000 $42,000 $168,000
2018 $2,571 $210,000 $42,000 $168,000
2016 $1,104 $94,532 $18,900 $75,632
2015 $1,103 $94,532 $18,900 $75,632
2014 $1,641 $94,532 $18,900 $75,632
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Chan

    Seller's Agent in 2021

    Jennifer Chan

    COMPASS

    (626) 991-1132

    24 in this area

    36 Total Sales

    Jennifer Chan
    Section Image

  • N

    Buyer's Agent in 2021

    Nonmember Nonmember

    Nonmember Office

See All Agents

About Biscuit Company Lofts

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-3571

Pasadena-Foothills Association of REALTORS®

APN: 5164-021-037

California Los Angeles County Los Angeles 90021 Downtown LA

1850 Industrial St Unit 208, Los Angeles, CA

This home is located at 1850 Industrial St Unit 208, Los Angeles, CA 90021 since 02 March 2021 and is currently estimated at $701,495, approximately $1,113 per square foot. This property was built in 1925. 1850 Industrial St Unit 208 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, Hollenbeck Middle School, and Felicitas and Gonzalo Mendez High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes