Toy Factory Lofts 1855 Industrial St Unit 505 Los Angeles, CA 90021
Downtown LA NeighborhoodEstimated payment $6,488/month
Highlights
- Fitness Center
- 24-Hour Security
- City Lights View
- Felicitas and Gonzalo Mendez High Rated A-
- Heated In Ground Pool
- 0.98 Acre Lot
About This Home
Astonishing this Iconic Toy Factory loft is still on the market! NOW priced at the lowest price per square ft in years. Buyers, this is your opportunity to take advantage of the market! With 1600 sq feet of floor space, unobstructed South-facing views and one of only a handful of lofts with its own outdoor balcony. Located in the center of Downtown LAs Art's district the 121-unit complex was originally built in 1924 and maintains many of its original details. Polished concrete floors, exposed ducting, 11' ceilings and an enormous factory window define the space. With all of this floor space you can create so many well-defined areas: Live, work, lounge, entertain, read, reflect and enjoy ...so many possibilities. The 5th floor unit has many upgrades. Custom built-ins and cabinetry strategically carve out the bedroom and add closet space and storage. The moody kitchen has a colorful tile backsplash, stainless appliances, refurbished cabinets and a fabulous center island. The spacious bathroom has two sinks and a tub/shower combo. Central Heat & Air, inside laundry and one deeded parking space in the secured parking garage with it's own electric car charger. Building amenities include: 24-hour security, a year-round heated rooftop pool with panoramic views of Downtown LA and a zen-inspired 3rd floor sundeck with beautiful potted plants and bbq grills. Private gym on the 1st floor and Amazon lockers provide convenience. The vibrant community can be accessed by foot, day or night. Colorful and exemplary cuisine surround the area with such favorites as Camelia, Bestia, Bevel and Zinc cafe & bar. The fabulous Hank's Organic market is around the corner. Underway is the nearby 12-acre "PARC" project which will create a massive public green space, event arenas, a dog park and more along the LA River. Convenient to major freeways and infrastructure. A wonderful opportunity to own an original downtown LA loft in one of LA's most coveted neighborhoods. Buyers be urgent! The price doesn't get better than this!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,365
Year Built
- Built in 1924
HOA Fees
- $983 Monthly HOA Fees
Parking
- 1 Parking Space
Home Design
- Entry on the 5th floor
Interior Spaces
- 1,598 Sq Ft Home
- 1-Story Property
- Built-In Features
- Loft
- Concrete Flooring
- City Lights Views
Kitchen
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Open Patio
Additional Features
- South Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5164-012-084
Community Details
Overview
- Association fees include water and sewer paid, trash, security
- 121 Units
Amenities
- Sundeck
- Community Barbecue Grill
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Controlled Access
Map
About Toy Factory Lofts
Home Values in the Area
Average Home Value in this Area
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 | $12,365 | $1,021,563 | $801,029 | $220,534 |
2024 | $12,365 | $1,001,533 | $785,323 | $216,210 |
2023 | $12,121 | $981,896 | $769,925 | $211,971 |
2022 | $11,554 | $962,644 | $754,829 | $207,815 |
2021 | $11,413 | $943,770 | $740,029 | $203,741 |
2019 | $11,072 | $915,779 | $718,080 | $197,699 |
2018 | $11,052 | $897,823 | $704,000 | $193,823 |
2016 | $10,420 | $862,962 | $676,664 | $186,298 |
2015 | $6,087 | $499,420 | $214,804 | $284,616 |
2014 | $6,111 | $489,638 | $210,597 | $279,041 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Pending | -- | -- | -- |
05/29/2025 05/29/25 | Price Changed | $840,000 | 0.0% | $526 / Sq Ft |
05/29/2025 05/29/25 | For Sale | $840,000 | -5.6% | $526 / Sq Ft |
05/26/2025 05/26/25 | Off Market | $890,000 | -- | -- |
04/14/2025 04/14/25 | Price Changed | $890,000 | -4.3% | $557 / Sq Ft |
03/04/2025 03/04/25 | Price Changed | $930,000 | -6.9% | $582 / Sq Ft |
02/10/2025 02/10/25 | Price Changed | $999,000 | -4.4% | $625 / Sq Ft |
01/12/2025 01/12/25 | Price Changed | $1,045,000 | -1.9% | $654 / Sq Ft |
11/15/2024 11/15/24 | For Sale | $1,065,000 | -- | $666 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $850,000 | Provident Title Company | |
Grant Deed | $465,000 | Chicago Title Company | |
Grant Deed | $700,000 | First American Title Co | |
Grant Deed | $365,000 | Chicago Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $395,250 | New Conventional | |
Previous Owner | $99,000 | Credit Line Revolving | |
Previous Owner | $525,000 | Negative Amortization | |
Previous Owner | $85,500 | Credit Line Revolving | |
Previous Owner | $405,000 | Unknown | |
Previous Owner | $321,188 | Purchase Money Mortgage | |
Closed | $80,297 | No Value Available |
Source: The MLS
MLS Number: 24-462537

APN: 5164-012-084
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