NOT LISTED FOR SALE

1855 Industrial St Unit 720 Los Angeles, CA 90021

Downtown LA Neighborhood

Estimated Value: $744,000 - $901,000

1 Bed
1 Bath
1,020 Sq Ft
$575/mo HOA Fee

Last Sold May 24, 2022

Last sale price $845,000 $828 Per Sq Ft

Current estimated payment $6,029/month

9 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • Felicitas and Gonzalo Mendez High Rated A-
  • Art Studio
  • Unit is on the top floor

About This Home

As of May 2022

Welcome to this stunning, spacious, and light-filled Toy Factory penthouse loft! Located in Los Angeles's bustling, trendy, and upscale Arts District, this east-facing loft is the ideal place for anyone seeking the true industrial loft feel. The Toy Factory Lofts building is not just attractive for artists, professionals, and celebrities, it is also the ideal place to run your creative business or office as it is fully permitted for live/work use. Oversized factory windows with mountain and bridge views plus the building's high ceilings will allow the owner to create their own creative home design. Enjoy your off-time on the building's stunning rooftop, which offers a pool and great DTLA views. The loft's immediate neighbors are Urban Radish Organic Market, Spotify, Warner Music, Soho House, RVVC Intersect, Dover Street Market, Urth, Bread Lounge, Accenture, Honey, Hauser Wirth & Schimmel Museum, Bestia, Bavel, Death & Company, Le Labo and many more of LA's best restaurants & museums.

Last Agent to Sell the Property

Andreas Ludwig

Keller Williams Studio City License #02032222 Listed on: 04/17/2022

Keller Williams Studio City

Last Buyer's Agent

Dylan Nugent

Compass License #01737187

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,798

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • East Facing Home
  • Historic Home

HOA Fees

  • $575 Monthly HOA Fees

Property Views

  • Bridge
  • City Lights
  • Mountain

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,020 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Art Studio
  • Concrete Flooring
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer Paid

Additional Features

  • In Ground Pool
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 5164-012-143

Community Details

Overview

  • 121 Units
  • Maintained Community

Amenities

  • Concierge
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,798

Year Built

Built in 1923 | Remodeled

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Toy Factory Lofts HOA
  • Disability Access: 48 inch or more wide halls, DisabilityAccess, Doors - Swing In, Handicap Access
  • Entry Floor: 7
  • Entry Location: Foyer
  • Living Area: 1020
  • Lot Acreage: 0.9763
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 7
  • Year Built: 1923
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Flooring: Cement
  • Appliances: Built-In Gas, Oven-Gas, Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Hood Fan, Microwave, Freezer, Garbage Disposal, Built-Ins, Refrigerator, Range/Oven, Washer, Ice Maker
  • Price Per S Q F T: 832.35

Exterior Features

  • Direction Faces: East
  • Construction: Brick, Concrete
  • Other Features: Historical
  • Tennis Court Y/N: No
  • Foundation Details: Block
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa Yn: No
  • View: Bridge, City Lights, City, Mountains
  • View: Yes

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Fire Sprinklers, Smoke Detector, T.V., Exterior Security Lights, Card/Code Access, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Sewer: Paid
  • Water: District

Association/Amenities

  • Amenities: Concierge, Exercise Room, Fitness Center, Assoc Barbecue, Assoc Pet Rules, Security, Pool, Fire Pit, Elevator, Controlled Access, Sun Deck, Assoc Maintains Landscape
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 575.00
  • HOA: Yes
  • Unit Location: Penthouse

Lot Info

  • Special Zoning: Flood
  • Assessor Parcel Number: 5164-012-143
  • Lot Size Area: 42526

Multi Family

  • Number Of Units: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
Keidan Amanda
Bought by
Keidan Amanda and Amanda Keidan Living Trust
Current Estimated Value
$842,314

Purchase Details

Listed on
Apr 21, 2015
Closed on
Apr 30, 2015
Sold by
Gallo Vincent
Bought by
Keldan Amanda
Seller's Agent
Frank Bruno
Keller Williams Hollywood Hills
Buyer's Agent
Brien Varady
Compass
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Listed on
Apr 21, 2015
Closed on
Apr 27, 2015
Sold by
Gallo Vincent
Bought by
Gallo Vincent
Seller's Agent
Frank Bruno
Keller Williams Hollywood Hills
Buyer's Agent
Brien Varady
Compass
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Camil Jaime
Bought by
Gallo Vincent

Purchase Details

Closed on
Nov 30, 2009
Sold by
Larios Juan Miguel Garcia
Bought by
Camil Jaime

Purchase Details

Closed on
Mar 4, 2005
Sold by
Daniel Ramon Armando
Bought by
Larios Juan Miguel Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Daniel Ramon Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Keidan Amanda -- None Available
Keldan Amanda $660,000 First American Title
Gallo Vincent -- Accommodation
Gallo Vincent $595,000 Fatcola
Camil Jaime $320,000 Itc
Larios Juan Miguel Garcia $515,000 Southland Title Corporation
Daniel Ramon Armando $344,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larios Juan Miguel Garcia $488,000
Previous Owner Larios Juan Miguel Garcia $91,500
Previous Owner Larios Juan Miguel Garcia $412,000
Previous Owner Daniel Ramon Armando $275,000
Previous Owner Daniel Ramon Armando $275,200
Closed Daniel Ramon Armando $51,600
Closed Larios Juan Miguel Garcia $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $845,000 -0.5% $828 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $849,000 0.0% $832 / Sq Ft
07/01/2020 07/01/20 Rented $3,500 -2.8% --
06/06/2020 06/06/20 Price Changed $3,600 -7.7% $4 / Sq Ft
04/17/2020 04/17/20 For Rent $3,900 +2.6% --
09/01/2018 09/01/18 Rented $3,800 0.0% --
08/20/2018 08/20/18 For Rent $3,800 +2.7% --
10/07/2017 10/07/17 Rented $3,700 +5.7% --
09/07/2017 09/07/17 Under Contract -- -- --
06/01/2017 06/01/17 For Rent $3,500 +12.0% --
10/25/2016 10/25/16 Rented $3,125 0.0% --
09/25/2016 09/25/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $3,125 0.0% --
05/16/2015 05/16/15 Sold $660,000 +5.6% $647 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $625,000 -- $613 / 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 $10,798 $896,719 $685,646 $211,073
2024 $10,798 $879,137 $672,202 $206,935
2023 $10,585 $861,900 $659,022 $202,878
2022 $8,950 $747,464 $576,795 $170,669
2021 $8,842 $732,809 $565,486 $167,323
2019 $8,577 $711,075 $548,714 $162,361
2018 $8,561 $697,133 $537,955 $159,178
2016 $8,084 $670,064 $517,066 $152,998
2015 $4,195 $343,686 $171,843 $171,843
2014 -- $336,954 $168,477 $168,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-717106

The MLS

APN: 5164-012-143