NOT LISTED FOR SALE

1855 Industrial St Unit 621 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $635,000 - $930,000

1 Bed
1 Bath
911 Sq Ft
0.98 Acres

Last Sold December 06, 2013

Last sale price $482,830 $530 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,912/month

80 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Gated Parking
  • Felicitas and Gonzalo Mendez High Rated A-
  • 24-Hour Security
  • Bridge View

About This Home

As of December 2013

Fabulous live/work loft in Downtown LA's popular Arts District. This urban oasis has designer elements throughout and views of the soon to be iconic 6th Street Bridge. Spacious open floor plan. Square, not long and skinny. Unit also features concrete floors, exposed ducting, high ceilings, city and bridge views, Caesarstone countertops, central air & heat, one deeded, secured parking space. Building features, pool, sundeck, fitness center, multiple roof decks with table, seating, sundeck, bbq area, cabanas, 24 hr doorman/security. Well maintained and managed community. Well located for ease of commute as well as all that downtown LA has to offer. Easy to show. By appointment only.

Last Agent to Sell the Property

Richard Kas

Coldwell Banker Realty License #01352771 Listed on: 07/22/2013

Coldwell Banker Realty

Last Buyer's Agent

Michael Caldwell

Housing Solutions Realty License #01264288

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,109

Year Built

  • Built in 1923

Lot Details

  • 0.98

Property Views

  • Bridge
  • City Lights

Interior Spaces

  • 911 Sq Ft Home
  • Furnished
  • Loft
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5164-012-122

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 119 Units

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,109

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Toy Factory Lofts
  • Entry Floor: 6
  • Living Area: 911
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Washer
  • Price Per S Q F T: 576.28

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: Eastern
  • Pool Description: Community
  • Pool: Yes
  • View: Bridge, City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Door Opener
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Gated Parking, Pool, Private Cabana, Security, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 346.71

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5164-012-122
  • Geocode Override: No
  • Lot Size Area: 42675

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 9, 2012
Sold by
Wangersheim Gordon
Bought by
Schwab Jennifer A
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Richard Kas
Coldwell Banker Realty
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Current Estimated Value
$789,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,142
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 5, 2012
Sold by
Poirier Michael David
Bought by
Schwab Jennifer A
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Richard Kas
Coldwell Banker Realty
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%

Purchase Details

Closed on
Jun 29, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Poirier Michael David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schwab Jennifer A -- Equity Title Los Angeles
Schwab Jennifer A $350,000 Equity Title Los Angeles
Poirier Michael David $289,000 Chicago Title
Schmid Mark Philip Madden $340,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintosh William $322,500
Closed Mcintosh William $322,500
Closed Mcintosh William $362,000
Previous Owner Poirier Michael David $272,000
Previous Owner Poirier Michael David $200,000
Previous Owner Poirier Michael David $95,000
Previous Owner Poirier Michael David $264,000
Previous Owner Schmid Mark Philip Madden $220,000
Previous Owner Poirier Michael David $231,200
Closed Poirier Michael David $28,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $482,830 -8.0% $530 / Sq Ft
08/23/2013 08/23/13 Price Changed $525,000 -10.3% $576 / Sq Ft
07/22/2013 07/22/13 For Sale $585,000 +67.1% $642 / Sq Ft
11/16/2012 11/16/12 Sold $350,000 0.0% $384 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/26/2012 10/26/12 Off Market $350,000 -- --
10/16/2012 10/16/12 For Sale $369,000 -- $405 / 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 $7,109 $591,833 $431,865 $159,968
2024 $7,109 $580,230 $423,398 $156,832
2023 $6,968 $568,854 $415,097 $153,757
2022 $6,638 $557,701 $406,958 $150,743
2021 $6,556 $546,767 $398,979 $147,788
2019 $6,358 $530,551 $387,146 $143,405
2018 $6,343 $520,149 $379,555 $140,594
2016 $5,967 $499,953 $364,817 $135,136
2015 $5,878 $492,445 $359,338 $133,107
2014 $5,898 $482,800 $352,300 $130,500
Source: Public Records

Agents Affiliated with this Home

  • Richard Kas

    Seller's Agent in 2013

    Richard Kas

    Coldwell Banker Realty

    (888) 201-0508

    19 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Michael Caldwell

    Housing Solutions Realty

    (323) 573-0705

    1 in this area

    7 Total Sales

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Map

Source: The MLS

MLS Number: 13-691223

The MLS

APN: 5164-012-122

California Los Angeles County Los Angeles 90021 Downtown LA

1855 Industrial St Unit 621, Los Angeles, CA

This home is located at 1855 Industrial St Unit 621, Los Angeles, CA 90021 since 22 July 2013 and is currently estimated at $793,142, approximately $870 per square foot. This property was built in 1923. 1855 Industrial St Unit 621 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.

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