NOT LISTED FOR SALE

1855 Industrial St Unit 402 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $597,000 - $796,000

1 Bed
1 Bath
782 Sq Ft
0.98 Acres

Last Sold February 24, 2022

Last sale price $665,000 $850 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,637/month

Highlights

  • 24-Hour Security
  • In Ground Pool
  • 0.98 Acre Lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • City Lights View
  • Outdoor Fireplace

About This Home

As of April 2022

Built in 1924, the former Toy Factory, restored warehouse style lofts, located in the buoyant downtown LA Arts District. This south facing unit features a wall of industrial windows, high ceiling, polished concrete floors, raised podium bed area, modern kitchen with stainless steel appliances, and an open style floor plan. Inside laundry, subterranean parking space, 24 hours concierge, and a fully equipped gym with a yoga loft area and a Pilates reformer machine. A delightful garden and lounge area with BBQ grills are located on the third floor. The building also features a rooftop pool, fireplace, cabanas, and a stunning panoramic view of the downtown LA skyline, mountains, and city bridges. Close to numerous popular eateries: Bavel, Bestia, Damian, coffee houses: Blue Bottle, Verve, the newly opened Eightfold Coffee, and countless museums and galleries, the list goes on.

Last Agent to Rent the Property

Jennifer Chan

COMPASS License #01780218 Listed on: 03/14/2022

COMPASS

Last Renter's Agent

Jennifer Chan

COMPASS License #01780218 Listed on: 03/14/2022

COMPASS

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 1924

Lot Details

  • Two or More Common Walls
  • No Sprinklers

Parking

  • 1 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 782 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Fireplace
  • Loft
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, pool, sewer, water
  • 12-Month Minimum Lease Term
  • Available 3/13/22
  • Tax Lot 1
  • Assessor Parcel Number 5164012059

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $800

Additional Features

  • $250 HOA Transfer Fee
  • 24-Hour Security

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,510

Year Built

Built in 1924

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-03-13
  • Credit Check Paid By: Tenant
  • Deposit Key: 55
  • Deposit Other: 55
  • Deposit Pets: 800
  • Deposit Security: 3500
  • Furnished: Furnished Or Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Warehouse
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5164012059
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 782.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Outside
  • Levels: One
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.09
  • Room Type: Loft

Exterior Features

  • Patio: No
  • View: City Lights, Mountain(s)
  • Fence: No
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 42526.00
  • Lot Size Acres: 0.9763

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 42526.0000 Square Feet
  • Rent Includes: Association Dues, Pool, Sewer, Water

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jan 29, 2020
Sold by
Bolter Joseph
Bought by
Min Choe Seong Hee and Choe Frank Milton
Seller's Agent
Jack Turturici
Douglas Elliman
Buyer's Agent
Andreas Ludwig
Keller Williams Studio City
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$726,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,679
Avg. Annual Appreciation
2.06%
Original Mortgage
$584,100
Outstanding Balance
$518,280
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$208,399

Purchase Details

Listed on
Dec 20, 2013
Closed on
Mar 5, 2014
Sold by
Prasad Chachi and Prasad Karam Kim
Bought by
Bolter Joseph
Seller's Agent
Nicole LaBeaud
PLG Estates
Buyer's Agent
Ryan H. Sarkissian
List Price
$509,900
Sold Price
$489,000
Premium/Discount to List
-$20,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$391,200
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2007
Sold by
Hong Hyo Min and Hong Yono L
Bought by
Prasad Chachi and Prasad Karam Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Hong Hyo Min and Hong Yono L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
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
Min Choe Seong Hee $649,000 Usa National Title
Bolter Joseph $489,000 Lawyers Title Company
Prasad Chachi -- Chicago Title Co
Hong Hyo Min $270,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Min Choe Seong Hee $584,100
Previous Owner Bolter Joseph $391,200
Previous Owner Prasad Chachi $308,900
Previous Owner Prasad Chachi $316,000
Previous Owner Prasad Chachi $320,000
Previous Owner Hong Hyo Min $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Rented $3,100 -3.1% --
04/04/2022 04/04/22 Under Contract -- -- --
03/14/2022 03/14/22 For Rent $3,200 0.0% --
02/24/2022 02/24/22 Sold $665,000 -2.2% $850 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $680,000 +4.8% $870 / Sq Ft
02/20/2020 02/20/20 Sold $649,000 0.0% $830 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $649,000 +32.7% $830 / Sq Ft
03/21/2014 03/21/14 Sold $489,000 -2.0% $625 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/20/2014 01/20/14 Price Changed $499,000 -2.1% $638 / Sq Ft
12/20/2013 12/20/13 For Sale $509,900 -- $652 / 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 $8,510 $705,703 $543,869 $161,834
2024 $8,510 $691,866 $533,205 $158,661
2023 $8,343 $678,300 $522,750 $155,550
2022 $7,994 $668,837 $532,803 $136,034
2021 $7,898 $655,723 $522,356 $133,367
2020 $6,768 $548,112 $417,755 $130,357
2019 $6,500 $537,365 $409,564 $127,801
2018 $6,486 $526,830 $401,534 $125,296
2016 $6,118 $506,375 $385,943 $120,432
2015 $6,028 $498,769 $380,146 $118,623
2014 $3,650 $299,000 $224,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Chan

    Landlord's Agent in 2022

    Jennifer Chan

    COMPASS

    (626) 991-1132

    24 in this area

    36 Total Sales

    Jennifer Chan
    Section Image
  • Andreas Ludwig

    Seller's Agent in 2022

    Andreas Ludwig

    Keller Williams Studio City

    (213) 500-6984

    19 in this area

    32 Total Sales

    Andreas Ludwig
    Section Image
  • Jack Turturici

    Seller's Agent in 2020

    Jack Turturici

    Douglas Elliman

    (310) 975-3870

    29 Total Sales

    Jack Turturici
    Section Image

  • N

    Seller's Agent in 2014

    Nicole LaBeaud

    PLG Estates

    Section Image

  • R

    Buyer's Agent in 2014

    Ryan H. Sarkissian

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8621

Pasadena-Foothills Association of REALTORS®

APN: 5164-012-059

California Los Angeles County Los Angeles 90021 Downtown LA

1855 Industrial St Unit 402, Los Angeles, CA

This home is located at 1855 Industrial St Unit 402, Los Angeles, CA 90021 since 14 March 2022 and is currently priced at $726,679. This property was built in 1924. 1855 Industrial St Unit 402 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