NOT LISTED FOR SALE

Estimated Value: $752,000 - $920,281

1 Bed
1 Bath
975 Sq Ft
$857/mo HOA Fee

Last Sold May 03, 2023

Last sale price $935,000 $959 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,770/month

4 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gourmet Kitchen
  • Fitness Center
  • Heated Lap Pool
  • City Lights View

About This Home

As of May 2023

Rare opportunity to buy into the historic and prestigious landmark Biscuit Company Lofts building located in the thriving and exciting LA Arts District! Built in 1925 as the West Coast NABISCO plant, and converted in 2007 into luxury condos with the highest standards, this prestigious, Mills Act-approved building still retains all the unique details and character from it's original construction. Through the Mills Act program, the owners in this building qualify for a huge reduction in their annual property taxes. This beautiful, sun-filled, south-facing loft with a wall of windows is the perfect home for any person seeking true loft-living with modern amenities. Located on the highly desirable 3rd floor, which features extra high ceilings (16ft), that allow the addition of a mezzanine for extra square footage, this loft can easily be used as a creative office, home or both. The unit's beautiful original maple floor, brick wall, and concrete columns add warmth and charm to this beautiful space. The unit's gourmet kitchen has stainless steel cabinets, Ceasarstone countertops and lots of space for cooking. The bathroom features marble walls and countertop, an oversized soaking tub, and in-unit laundry and dryer. The current owners have also installed a brand new HVAC a few months ago. The Biscuit Company Lofts amenities include one assigned underground parking spot, a beautifully landscaped garden with 25 yard heated saline lap pool, fire pit, barbecues, a beautiful lobby with wifi, 24hr concierge and reception desk, a fitness center and dog run. Located in the heart of the Arts District, the building is close to all attractions, museums and restaurants. Immediate neighbors are The Soho House, Bestia, Bread Lounge, 2 Bit Circus, Dover Street Market, The Bike Shed, The Arts District Park, The new 6th Street Viaduct, Verve Cafe, Warner Music and Spotify and many, many more. Please call to schedule a tour of this amazing property.

Last Agent to Sell the Property

Andreas Ludwig

Keller Williams Studio City License #02032222 Listed on: 03/28/2023

Keller Williams Studio City

Last Buyer's Agent

Loni Wiener

Rodeo Realty- Brentwood License #01901453

Rodeo Realty- Brentwood

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • South Facing Home
  • Dog Run

HOA Fees

  • $857 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 975 Sq Ft Home
  • Brick Wall or Ceiling
  • High Ceiling
  • Ceiling Fan
  • Loft
  • Wood Flooring
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Covered Parking
  • Automatic Gate
  • Assigned Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5164-021-054

Community Details

Overview

  • Association fees include gas, water, sewer, water and sewer paid, trash, maintenance paid, concierge
  • 104 Units
  • Maintained Community

Amenities

  • Concierge
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Service Elevator
  • Lobby
  • Reception Area

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Biscuit Company Lofts
  • Entry Floor: 3
  • Living Area: 975
  • Lot Acreage: 0.7259
  • Planned Urban Dev: 0
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Brick Walls, High Ceilings (9 Feet+)
  • Flooring: Hardwood
  • Appliances: Oven-Gas, Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Gourmet Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Ceiling Fan, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 958.97

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool, Heated, Lap Pool, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Fitness Center, Fire Pit, Exercise Room, Elevator, Security, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Water, Sewer, Water and Sewer Paid, Trash, Maintenance Paid, Concierge
  • High Rise: Concierge, Controlled Access, 24-Hour Concierge, Entrance Lobby, Dog Run, Service Elevator, Sun Deck, Trash Chute, Reception Desk
  • HOA Fees: 857.25
  • HOA: Yes

Lot Info

  • Special Zoning: Flood, Property Report
  • Assessor Parcel Number: 5164-021-054
  • Lot Size Area: 31620

Multi Family

  • Number Of Units: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 28, 2023
Sold by
Ensler/Mcfarland Trust and Ensler Jason D
Bought by
Mattina Joseph
Seller's Agent
Andreas Ludwig
Keller Williams Studio City
Buyer's Agent
Loni Wiener
Rodeo Realty- Brentwood
List Price
$935,000
Sold Price
$935,000
Views
122
Current Estimated Value
$865,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,680
Avg. Annual Appreciation
-2.80%
Original Mortgage
$748,000
Outstanding Balance
$724,155
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$141,165

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 13, 2019
Sold by
Bencomo Margaret Dermody and Rmr Hollywood Trust
Bought by
Ensler Jason D and Mcfarland Rebecca
Seller's Agent
Elizabeth Gottainer
The Agency
Buyer's Agent
Andreas Ludwig
Keller Williams Studio City
List Price
$875,000
Sold Price
$837,000
Premium/Discount to List
-$38,000
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$485,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
Apr 28, 2014
Sold by
Lee Hakern Jin
Bought by
Bencomo Margaret Dermody and Rmr Hollywood Trust
Seller's Agent
Elizabeth Gottainer
The Agency
Buyer's Agent
Elizabeth Gottainer
The Agency
List Price
$560,000
Sold Price
$565,000
Premium/Discount to List
$5,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Dec 13, 2007
Sold by
Lee Hakern J
Bought by
Lee Hakern Jin and The Hakern Jin Lee Trust
Source: Public Records
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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
Mattina Joseph $935,000 Provident Title Company
Ensler Jason D $837,000 California Title Company
Bencomo Margaret Dermody $565,000 California Title Company
Lee Hakern Jin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattina Joseph $748,000
Previous Owner Ensler Jason D $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2023 05/03/23 Sold $935,000 0.0% $959 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $935,000 +11.7% $959 / Sq Ft
12/11/2019 12/11/19 Sold $837,000 -1.4% $858 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
10/25/2019 10/25/19 Price Changed $849,000 -3.0% $871 / Sq Ft
09/20/2019 09/20/19 For Sale $875,000 +54.9% $897 / Sq Ft
05/15/2014 05/15/14 Sold $565,000 +0.9% $579 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $560,000 0.0% $574 / Sq Ft
03/07/2013 03/07/13 Rented $2,300 -4.0% --
03/07/2013 03/07/13 Under Contract -- -- --
02/18/2013 02/18/13 For Rent $2,395 +11.4% --
02/10/2012 02/10/12 Rented $2,150 -12.2% --
02/10/2012 02/10/12 Under Contract -- -- --
01/06/2012 01/06/12 For Rent $2,450 -- --
Source: The MLS

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 $3,855 $303,000 $60,600 $242,400
2024 $3,855 $303,000 $60,600 $242,400
2023 $3,849 $303,000 $60,600 $242,400
2022 $3,736 $303,000 $60,600 $242,400
2021 $3,758 $303,000 $60,600 $242,400
2019 $2,954 $324,000 $64,800 $259,200
2018 $3,982 $324,000 $64,800 $259,200
2016 $2,890 $243,000 $48,600 $194,400
2015 $2,471 $208,000 $41,600 $166,400
2014 -- $146,300 $29,300 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-254511

The MLS

APN: 5164-021-054