NOT LISTED FOR SALE

1855 Industrial St Unit 606 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $1,090,000 - $1,212,000

1 Bed
1 Bath
1,598 Sq Ft
$619/mo HOA Fee

Last Sold November 23, 2021

Last sale price $970,000 $607 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,924/month

12 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • Felicitas and Gonzalo Mendez High Rated A-
  • Yoga or Pilates Studio
  • In Ground Pool

About This Home

As of November 2021

Historic 1924 Toy Factory loft with vintage charm & modern updates. True live/work loft in the vibrant Arts District. This Spacious, 6th floor loft features; 11-foot ceilings, polished concrete floors, central HVAC. There is a gourmet custom kitchen, with quartz counters, stainless steel appliances, huge kitchen island with breakfast bar! Adjacent is a large dining area and custom semiprivate den with floor to ceiling bookshelves, and a guest room for out-of-town visitors. The primary bedroom has large walk-in-closet. The sizeable bathroom has dual sinks, soaking tub, and an attached laundry area with washer and dryer. There is custom built-in wall of storage with desk. The living room has beautiful oversized industrial windows with stunning views. The Toy Factory has a well maintained and managed community that feature: 24-hour security/concierge service, a gym on the first level with yoga loft and Pilatess reformer. There is a small market next door for your essentials needs. The third floor has a wonderful garden lounge area with BBQs. The roof-top deck has pool with surrounding cabanas, fire-pit and a mind-blowing 360-degree views of downtown. The unit comes with one subterranean deeded parking spot (#23) w/ electric car charger. There is private storage space (for additional fee $55 per month) and extra parking on Mateo for an additional fee. This is urban living at its finest w/dining, culture & nightlife.

Last Agent to Sell the Property

Jennifer Gainey

Compass License #01361195 Listed on: 10/14/2021

Compass

Last Buyer's Agent

Mark Priceman

Compass License #01294182

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,456

Year Built

  • Built in 1924

Lot Details

  • 0.98

HOA Fees

  • $619 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain
  • Pool

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Home Office
  • Concrete Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Parking

  • Parking Garage
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Additional Features

  • In Ground Pool
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 5164-012-107

Community Details

Overview

  • Association fees include concierge, trash, maintenance paid, water, gas, insurance
  • 121 Units

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Community Fire Pit
  • Trash Chute
  • Elevator
  • Lobby
  • Reception Area

Recreation

  • Yoga or Pilates Studio
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,456

Year Built

Built in 1924

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Toy Factory Lofts
  • Entry Floor: 6
  • Living Area: 1598
  • Lot Acreage: 0.9783
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1924
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Stained Concrete
  • Appliances: Cooktop - Gas, Oven, Range Hood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Area, Kitchen Island, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Remodeled, Island
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Electric Dryer Hookup
  • Price Per S Q F T: 593.87

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa Yn: No
  • View: Pool, Mountains, City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Gated Underground, Subterranean
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling: Central, Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Elevator, Fire Pit, Fitness Center, Gated Community Guard, Controlled Access, Concierge, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Concierge, Trash, Maintenance Paid, Water, Gas, Insurance
  • High Rise: Entrance Lobby, 24-Hour Concierge, Reception Desk, Rooftop Sky Deck, Yoga and Pilates Studio, Trash Chute, Controlled Access, Sun Deck, Passenger Elevator
  • HOA Fees: 619.44
  • HOA: Yes
  • Unit Location: 606

Lot Info

  • Assessor Parcel Number: 5164-012-107
  • Lot Size Area: 42615

Multi Family

  • Number Of Units: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 16, 2021
Sold by
Tynan & Mcbride Family Trust and Mcbride James
Bought by
Festino Robert
Seller's Agent
Jennifer Gainey
Compass
Buyer's Agent
Mark Priceman
Compass
List Price
$949,000
Sold Price
$970,000
Premium/Discount to List
$21,000
2.21%
Current Estimated Value
$1,152,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,403
Avg. Annual Appreciation
3.62%
Original Mortgage
$679,000
Outstanding Balance
$624,794
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$484,955

Purchase Details

Closed on
Feb 23, 2012
Sold by
Mcbride James Morgan and Tynan Tracy
Bought by
Mcbride James and Tynan Tracy

Purchase Details

Closed on
Oct 19, 2010
Sold by
U S Bank National Association
Bought by
Mcbride James and Tynan Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Laval Javier E
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 29, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Laval Javier E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,868
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Festino Robert $970,000 Provident Title
Mcbride James -- None Available
Mcbride James Morgan -- None Available
Mcbride James $415,000 Lawyers Title
Us Bank National Association $337,500 Accommodation
Laval Javier E $389,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Festino Robert $679,000
Previous Owner Mcbride James $200,000
Previous Owner Laval Javier E $233,310
Previous Owner Laval Javier E $387,900
Previous Owner Laval Javier E $310,868
Closed Laval Javier E $58,287
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $970,000 +2.2% $607 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $949,000 -- $594 / 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 $12,456 $1,029,370 $810,762 $218,608
2024 $12,456 $1,009,187 $794,865 $214,322
2023 $12,211 $989,400 $779,280 $210,120
2022 $11,640 $970,000 $764,000 $206,000
2021 $6,012 $491,190 $298,739 $192,451
2019 $5,833 $476,623 $289,879 $186,744
2018 $5,819 $467,279 $284,196 $183,083
2016 $5,404 $449,136 $273,161 $175,975
2015 $5,324 $442,390 $269,058 $173,332
2014 $5,344 $433,725 $263,788 $169,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-794730

The MLS

APN: 5164-012-107