NOT LISTED FOR SALE

Toy Factory Lofts 1855 Industrial St Unit 603 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $779,000 - $1,186,000

1 Bed
1 Bath
976 Sq Ft
$744/mo HOA Fee

Last Sold May 08, 2024

Last sale price $775,000 $794 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,381/month

49 Days on Market

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

As of May 2024

Incredible live/work loft at the historic Toy Factory Lofts in the heart of the Arts District of Downtown LA. This turn-key unit offers generous light and features an open floor plan with 12-foot ceilings. Polished concrete floors, a large kitchen area with stainless steel appliances, central heat and air, in-unit washer and dryer, and remote-controlled blinds round out the many amazing features. The building amenities include: 24-hour security/concierge, fitness gym, 3rd floor garden terrace with BBQs, a secure covered garage, rooftop pool with panoramic views of downtown with resort-style cabanas, a sun deck and fireplace. Located in a premier Arts District location with neighborhood attractions that include many art galleries, Bestia, SoHo House, Zinc Cafe, Urth Cafe, DTLA Row, Two-Bit Circus, and the newly opened Flamingo Bar located inside the building. Also located two blocks from Warner Music and Spotify offices with convenient access to the 5, 10, and 101 Freeways. A great unit in one of Downtown's most coveted buildings.

Last Agent to Sell the Property

Justin Freeling

Compass License #01927532 Listed on: 02/19/2024

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Justin Freeling

Compass License #01927532 Listed on: 02/19/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,080

Year Built

  • Built in 1924

Lot Details

  • 0.98

HOA Fees

  • $744 Monthly HOA Fees

Home Design

  • Post Modern Architecture
  • Entry on the 6th floor

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Garage Space

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5164-012-104

Community Details

Overview

  • 121 Units

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,080

Year Built

Built in 1924

Lot Details

0

HOA Fees

$744 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Post Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Toy Factory Lofts
  • Entry Floor: 6
  • Living Area: 976
  • Lot Acreage: 0.9786
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1924
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 814.55

Exterior Features

  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Exercise Room, Fitness Center, Outdoor Cooking Area, Sun Deck, Security, Pool, Assoc Pet Rules, Controlled Access
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 744.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5164-012-104
  • Lot Size Area: 42628

Multi Family

  • Number Of Units: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
May 1, 2024
Sold by
Willy And Gloria Marchand Revocable Trus and Marchand Willy Lodewijk
Bought by
Mountain West Ira Inc and James Skotchdopole Ira
Seller's Agent
Justin Freeling
Compass
Buyer's Agent
Justin Freeling
Compass
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Views
64
Current Estimated Value
$907,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,346
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Feb 21, 2018
Sold by
Dai Jui Lin and Yang Wendy
Bought by
Marchand Willy Lodewijk Maria and Marchand Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2015
Sold by
Woude Richard Eric Vander and Vanderwoude Richard Eric
Bought by
Dai Jui Lin and Yang Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Vanderwoude Richard Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
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
Mountain West Ira Inc $775,000 Equity Title Company
Marchand Willy Lodewijk Maria $735,000 California Title Company
Dai Jui Lin $615,000 California Title Company
Vanderwoude Richard Eric $325,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchand Willy Lodewijk Maria $551,250
Previous Owner Dai Jui Lin $492,000
Previous Owner Vanderwoude Richard Eric $260,000
Closed Vanderwoude Richard Eric $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $775,000 -2.5% $794 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $795,000 -- $815 / 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 $10,080 $790,500 $553,350 $237,150
2024 $10,080 $819,900 $650,233 $169,667
2023 $9,881 $803,825 $637,484 $166,341
2022 $9,416 $788,065 $624,985 $163,080
2021 $9,303 $772,614 $612,731 $159,883
2019 $9,024 $749,700 $594,558 $155,142
2018 $7,901 $649,600 $497,288 $152,312
2016 $7,454 $624,378 $477,979 $146,399
2015 $4,588 $376,929 $330,541 $46,388
2014 -- $369,547 $324,067 $45,480
Source: Public Records

Agents Affiliated with this Home

  • Justin Freeling

    Seller's Agent in 2024

    Justin Freeling

    Compass

    (310) 948-5553

    2 in this area

    77 Total Sales

    Justin Freeling
    Section Image
  • Rob Kallick

    Seller Co-Listing Agent in 2024

    Rob Kallick

    Compass

    (323) 775-6305

    3 in this area

    455 Total Sales

    Rob Kallick
    Section Image
See All Agents

About Toy Factory Lofts

Map

Source: The MLS

MLS Number: 24-359851

The MLS

APN: 5164-012-104

California Los Angeles County Los Angeles 90021 Downtown LA

1855 Industrial St Unit 603, Los Angeles, CA

This home is located at 1855 Industrial St Unit 603, Los Angeles, CA 90021 since 19 February 2024 and is currently estimated at $907,346, approximately $929 per square foot. This property was built in 1924. 1855 Industrial St Unit 603 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