Biscuit Company Lofts 1850 Industrial St Unit 513 Los Angeles, CA 90021
Downtown LA Neighborhood
1
Bed
1
Bath
1,071
Sq Ft
$966/mo
HOA Fee
Highlights
- Fitness Center
- Art Studio
- In Ground Pool
- Felicitas and Gonzalo Mendez High Rated A-
- 24-Hour Security
- Gated Parking
About This Home
As of June 2025Rare, highly sought after West facing live/work loft home at the coveted Biscuit Company Lofts. Only one original owner and never previously available for resale. This stunner showcases a spacious open layout with 13' ceilings, and oversized industrial windows exposing breathtaking views of the Downtown city skyline. Floor to ceiling custom drapery creates 3 distinctive living spaces with impeccable thought & design. The bedroom suite features large custom wardrobe and lux bathroom highlighted with dual sink vanity, floating undermounted + wall cabinetry, and oversized soaking tub with designer fixtures. The re-imagined chefs kitchen includes Subzero refrigerator, full length kitchen backsplash, & additional tier of cabinetry. The refined living area includes custom dual window solar and black out shades. Acute detail went into the planning and adding of lighting to augment the natural daytime, sunset, and evening exterior light. No expense was spared to integrate museum quality dimmable LED lighting throughout this home to capture and enhance the living environment. *BONUS* includes deeded storage unit (largest avail), and 1 deeded underground parking spot with dedicated EV charger. See download link for full list of improvements not listed here. *MILLS ACT APPROVED* saving owner up to 70-75% off property taxes. Amenities include 24 hour front desk/doorman, gated/secured parking, 75' lap pool, gym with 2nd floor Pilates space and an outdoor BBQ dining area. The subject property is ideally located within short distance to local favorites like Hauser & Wirth Gallery, Moto Shed, Hanks (Gourmet Market), Camelia, Flamingo Bar, upcoming Silverlake Wine Bar, Bavel, Manuela, Factory Kitchen, Girl & The Goat, Zinc Cafe, Bestia, Damian, Verve Coffee Roasters, Death & Co, Soho House, and a host of other entertainment and dining venues. HOA dues cover Water, trash, & gas. Residents pay electricity & Internet separately.
Last Agent to Sell the Property
Keller Williams Larchmont License #01465571 Listed on: 05/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,330
Year Built
- Built in 1925
HOA Fees
- $966 Monthly HOA Fees
Interior Spaces
- 1,071 Sq Ft Home
- Loft
- Art Studio
- City Lights Views
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Car Garage
- Garage Door Opener
- Gated Parking
- Parking Garage Space
Utilities
- Central Heating and Cooling System
- Sewer in Street
Additional Features
- In Ground Pool
- West Facing Home
Listing and Financial Details
- Assessor Parcel Number 5164-021-087
Community Details
Overview
- 104 Units
- 7-Story Property
Amenities
- Sundeck
- Community Barbecue Grill
- Elevator
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
May 20, 2025
Sold by
Timothy Drew Burnett Living Trust and Burnett Timothy Drew
Bought by
Arvai Joseph L and Campbell-Arvai Victoria
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Elizabeth Marquart
Estate Properties
List Price
$1,045,000
Sold Price
$1,037,500
Premium/Discount to List
-$7,500
-0.72%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.28%
Original Mortgage
$601,000
Outstanding Balance
$599,798
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$386,850
Purchase Details
Closed on
Jun 27, 2017
Sold by
Burnett Timothy Drew
Bought by
Burnett Timothy Drew and The Timothy Drew Burnett Living Trust
Purchase Details
Closed on
Jul 2, 2007
Sold by
673 Mateo Llc
Bought by
Burnett Timothy Drew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,800
Interest Rate
6.41%
Mortgage Type
New Conventional
Similar Homes in Los Angeles, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,037,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $636,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $601,000 | New Conventional | |
| Previous Owner | $415,000 | New Conventional | |
| Previous Owner | $508,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $1,037,500 | -0.7% | $969 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | For Sale | $1,045,000 | -- | $976 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $3,330 | $258,000 | $51,600 | $206,400 |
| 2024 | $3,330 | $258,000 | $51,600 | $206,400 |
| 2023 | $3,323 | $258,000 | $51,600 | $206,400 |
| 2022 | $3,226 | $258,000 | $51,600 | $206,400 |
| 2021 | $3,243 | $258,000 | $51,600 | $206,400 |
| 2019 | $3,331 | $299,000 | $59,800 | $239,200 |
| 2018 | $3,780 | $299,000 | $59,800 | $239,200 |
| 2016 | $1,997 | $160,704 | $32,100 | $128,604 |
| 2015 | $2,774 | $160,704 | $32,100 | $128,604 |
| 2014 | $2,856 | $160,704 | $32,100 | $128,604 |
Source: Public Records
Agents Affiliated with this Home
-
Anh Tran
Seller's Agent in 2025
Anh Tran
Keller Williams Larchmont
(310) 430-1333
48 in this area
53 Total Sales
-
Elizabeth Marquart
Buyer's Agent in 2025
Elizabeth Marquart
RE/MAX
(818) 493-5308
1 in this area
91 Total Sales
About Biscuit Company Lofts
Map
Source: The MLS
MLS Number: 25532109
APN: 5164-021-087
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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
- 1850 Industrial St Unit 610
- 1850 Industrial St Unit 204
- 1850 Industrial St Unit 409
- 1855 Industrial St Unit 112
- 1855 Industrial St Unit 509
- 1855 Industrial St Unit 421
- 1855 Industrial St Unit 420
- 1855 Industrial St Unit 505
- 1317 Willow St
- 527 Molino St Unit 206
- 527 Molino St Unit 111
- 527 Molino St Unit 217
- 527 Molino St Unit 213
- 527 Molino St Unit 108
- 527 Molino St Unit 407
- 500 Molino St Unit 214
- 500 Molino St Unit 208
- 500 Molino St Unit 114
- 530 S Hewitt St Unit 244
- 530 S Hewitt St Unit 443