NOT LISTED FOR SALE

1855 Industrial St Unit 309 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $1,533,000 - $1,975,000

1 Bed
2 Baths
2,360 Sq Ft
$631/mo HOA Fee

Last Sold October 30, 2020

Last sale price $1,690,000 $716 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,180/month

110 Days on Market

Highlights

  • Fitness Center
  • Aviary
  • In Ground Pool
  • Felicitas and Gonzalo Mendez High Rated A-
  • 24-Hour Security
  • City Lights View

About This Home

As of October 2020

MOTIVATED SELLER!! Situated in the Toy Factory Lofts, one of the most sought after buildings in the Arts District, is this stunning "no expense spared" designer corner loft with over 2,300sf of living space inclusive of an expansive private outdoor patio with DTLA skyline views. This unit is the epitome of luxury and sophistication and seamlessly integrates industrial elements with custom lighting and polished concrete floors that are flooded with natural light beaming through huge windows complemented with electric shades for ultimate privacy. The cooks kitchen features Miele appliances including a 48" range, built-in coffee maker, and wine fridge. The bedroom enjoys a separation to the living room and the abundant closet space via custom-built room dividers. Retreat to the lavish master bath w/steam & rain shower, body massager, toto toilet, & a stainless-steel soaking tub. Building amenities include a rooftop pool, fitness center, concierge, 24 hour security, and deeded parking.

Last Agent to Sell the Property

David Lukan

Compass License #01873011 Listed on: 05/04/2020

Compass

Last Buyer's Agent

Derek Lester

Compass License #01921397

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,892

Year Built

  • Built in 1924

Lot Details

  • 0.98

HOA Fees

  • $631 Monthly HOA Fees

Property Views

  • City Lights
  • Pool

Interior Spaces

  • 2,360 Sq Ft Home
  • Built-In Features
  • Entryway
  • Dining Area
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Parking Garage Space
  • Controlled Entrance

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Aviary

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5164-012-045

Community Details

Overview

  • 121 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,892

Year Built

Built in 1924

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Situated in the Toy Factory Lofts, one of the most sought after buildings in the Arts District, is this stunning "no expense spared" designer corner loft with over 2,300sf of living space inclusive of an expansive private outdoor patio with DTLA skyline views. This unit is the epitome of luxury and sophistication and seamlessly integrates industrial elements with custom lighting and polished concrete floors that are flooded with natural light beaming through huge windows complemented with electric shades for ultimate privacy. The cooks kitchen is perfect for entertaining and features Miele appliances including a 48" range, built-in coffee maker, and wine fridge. The bedroom enjoys a separation to the living room via custom-built rotating room dividers and the abundant closet space via a custom dye colored glass divider that is a work of art. Retreat to the lavish master bath w/steam & rain shower, body massager, toto toilet, & a stainless-steel soaking tub. Other highlights include custom handmade steel & wood inlay doors, Emperador marble and hand troweled venetian walls, custom wallpaper, and a utility closet with a motorized door. Building amenities include a rooftop pool, fitness center, concierge, 24 hour security, and deeded parking.
  • Complex Name: Toy Factory Lofts
  • Entry Floor: 3
  • Living Area: 2360
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1924
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 741.53

Exterior Features

  • Patio: Patio Open
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Gated Community with Guard

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Gated Community Guard, Onsite Property Management, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 630.91
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5164-012-045
  • Geocode Override: No
  • Lot Size Area: 42526

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Yerevanian Siran Sella
Bought by
Siran Sella Yerevanian Trust and Yerevanian
Current Estimated Value
$1,798,742

Purchase Details

Listed on
May 4, 2020
Closed on
Sep 23, 2020
Sold by
Stark Maria E
Bought by
Yerevanian Siran Sella
Seller's Agent
David Lukan
Compass
Buyer's Agent
Derek Lester
Compass
List Price
$1,850,000
Sold Price
$1,690,000
Premium/Discount to List
-$160,000
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$765,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2018
Closed on
Jul 12, 2018
Sold by
Micha
Bought by
Stark
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Kerry Marsico
Compass
List Price
$1,699,000
Sold Price
$1,699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.23%
Original Mortgage
$1,274,250
Interest Rate
4.53%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Nov 5, 2015
Sold by
Parent David L
Bought by
Michaelson Richard A and Michaelson Insuk C
Seller's Agent
Kerry Marsico
Compass
Buyer's Agent
Alexis Hall
Alexis Hall
List Price
$1,495,000
Sold Price
$1,162,000
Premium/Discount to List
-$333,000
-22.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%
Original Mortgage
$625,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
Moses Cedd and Moses Pamela
Bought by
Parent David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Moses Cedd and Moses Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,488
Interest Rate
1.75%
Mortgage Type
New Conventional
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
Siran Sella Yerevanian Trust -- None Listed On Document
Yerevanian Siran Sella $1,690,000 Equity Title Company
Stark -- --
Michaelson Richard A $1,162,000 Equity Title Company
Parent David L $775,000 Chicago Title
Moses Cedd $638,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yerevanian Siran Sella $765,600
Previous Owner Stark $1,274,250
Previous Owner Stark --
Previous Owner Michaelson Richard A $625,500
Previous Owner Parent David L $77,500
Previous Owner Parent David L $620,000
Previous Owner Moses Cedd $478,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $1,690,000 -3.4% $716 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $1,750,000 -5.4% $742 / Sq Ft
05/04/2020 05/04/20 For Sale $1,850,000 +8.9% $784 / Sq Ft
07/12/2018 07/12/18 Sold $1,699,000 0.0% $720 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $1,699,000 +46.2% $720 / Sq Ft
11/23/2015 11/23/15 Sold $1,162,000 -7.0% $492 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/21/2015 09/21/15 Price Changed $1,250,000 -10.4% $530 / Sq Ft
09/11/2015 09/11/15 Price Changed $1,395,000 -6.7% $591 / Sq Ft
09/01/2015 09/01/15 For Sale $1,495,000 -- $633 / Sq Ft
Source: The MLS

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 $21,892 $1,829,309 $746,877 $1,082,432
2024 $21,892 $1,793,441 $732,233 $1,061,208
2023 $21,459 $1,758,276 $717,876 $1,040,400
2022 $20,451 $1,723,800 $703,800 $1,020,000
2021 $20,208 $1,690,000 $690,000 $1,000,000
2019 $21,993 $1,699,016 $899,016 $800,000
2018 $14,797 $1,208,944 $839,082 $369,862
2016 $13,994 $1,162,000 $806,500 $355,500
2015 $10,586 $883,000 $712,000 $171,000
2014 $8,513 $693,000 $559,000 $134,000
Source: Public Records

Agents Affiliated with this Home

  • David Lukan

    Seller's Agent in 2020

    David Lukan

    Compass

    (213) 700-6515

    15 in this area

    55 Total Sales

    David Lukan
    Section Image
  • Derek Lester

    Buyer's Agent in 2020

    Derek Lester

    Compass

    (818) 915-0163

    2 in this area

    42 Total Sales

    Derek Lester
    Section Image
  • Bjorn Farrugia

    Seller's Agent in 2018

    Bjorn Farrugia

    Carolwood Estates

    (310) 998-7175

    228 Total Sales

    Bjorn Farrugia
    Section Image
  • Alphonso Lascano

    Seller Co-Listing Agent in 2018

    Alphonso Lascano

    Carolwood Estates

    (818) 800-8848

    172 Total Sales

    Alphonso Lascano
    Section Image

  • K

    Buyer's Agent in 2018

    Kerry Marsico

    Compass

  • Alexis Hall

    Seller Co-Listing Agent in 2015

    Alexis Hall

    Alexis Hall

    (323) 804-7887

    2 in this area

    4 Total Sales

    Alexis Hall
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-576116

The MLS

APN: 5164-012-045

California Los Angeles County Los Angeles 90021 Downtown LA

1855 Industrial St Unit 309, Los Angeles, CA

This home is located at 1855 Industrial St Unit 309, Los Angeles, CA 90021 since 04 May 2020 and is currently estimated at $1,798,742, approximately $762 per square foot. This property was built in 1924. 1855 Industrial St Unit 309 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.

The MLS © 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