$1,063,000 - $1,275,000
RENTED MAR 15, 2025

Toy Factory Lofts 1855 Industrial St Unit 418 Los Angeles, CA 90021

Downtown LA Neighborhood
1 Bed
1 Bath
1,464 Sq Ft
0.98 Acres

Highlights

  • Fitness Center
  • 24-Hour Security
  • City View
  • Felicitas and Gonzalo Mendez High Rated A-
  • In Ground Pool
  • 0.98 Acre Lot

About This Home

As of March 2025

Featured in Dwell Magazine and the LA Times, this 1,464 square foot 1 bedroom 1 bath loft was fully reconceived by a high-end LA design/build firm and combines industrial with classic antique finishes, including leather-clad wall panels, steel framed storage areas with opaque glass inserts, and polished concrete floors. The professionally outfitted kitchen is a focal point of the open living and dining area, and a giant west-facing wall of windows provides light and sunset views. There are multiple lounging areas and a cozy bedroom that opens to a luxurious en suite bathroom with double Pulse showers, a stainless steel Japanese soaking tub & Toto washlet toilet. Additional highlights include a hideaway home office, full-size in-unit laundry, an expansive closet with adjustable built-in shelving, and a parking space in a secured garage with the option of a second space in an adjoining lot. Enjoy the rooftop swimming pool and fire pit with DTLA skyline views, a full gym + classes, and a 7,000 square foot urban park on the lower roof of the building with BBQs and ample seating. This unit is located in the Toy Factory Lofts in DTLA's Arts District within a block of a variety of restaurants (Bestia, Bavel, Girl and the Goat, Cabaco, Afuri Ramen and Dumpling LA), bars (Little Bear, Pour Haus Wine Bar, Emerson Royce, Flying Embers Tap Room), coffee shops (Urth Cafe, Zinc Cafe, Blue Bottle) and markets (Urban Radish, Joe's Downtown Market). Option for furnished rental.

Last Agent to Rent the Property

Austen Lee

Backbeat Homes License #02075654 Listed on: 01/11/2025

Co-Listed By

Vittoria Federico

Backbeat Homes License #02239900

Last Renter's Agent

Brett Doonan

Compass License #02214158

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,386

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.98

Home Design

  • Modern Architecture

Interior Spaces

  • 1,464 Sq Ft Home
  • Living Room
  • Concrete Flooring
  • City Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,995
  • Tenant pays for electricity, gas, water
  • 6 Month Lease Term
  • Assessor Parcel Number 5164-012-075

Community Details

Amenities

  • Sundeck
  • Picnic Area
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Overview

  • 7-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,386

Year Built

Built in 1924 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 4995
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 6 Months
  • Living Area: 1464
  • Lot Acreage: 0.9786
  • Property Condition: Updated/Remodeled
  • Stories: 7
  • Year Built: 1924
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

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
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Freezer, Elevator, Dishwasher, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 3.24

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Controlled Access, Exercise Room, Elevator, Picnic Area, Security, Sun Deck, Pool
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5164-012-075
  • Lot Size Area: 42628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2018
Sold by
Kinnier Sharon
Bought by
Kinnier Herbert D
Current Estimated Value
$1,164,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Outstanding Balance
$791,736
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$373,193

Purchase Details

Closed on
May 1, 2018
Sold by
Meraz Ronald J and Meraz Denise A
Bought by
Kinnier Herbert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Outstanding Balance
$791,736
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$373,193

Purchase Details

Closed on
Sep 20, 2016
Sold by
Meraz Ronald J and Meraz Denise A
Bought by
Meraz Ronald J and Meraz Denise A

Purchase Details

Closed on
Dec 14, 2015
Sold by
Michaelson Richard A
Bought by
Meraz Ronald J and Meraz Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2014
Sold by
Michaelson Insuk C
Bought by
Michaelson Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,300
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2014
Sold by
Olah Andrew M
Bought by
Michaelson Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,300
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Lee Sun A
Bought by
Olah Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Chang Suk J
Bought by
Lee Sun A

Purchase Details

Closed on
Mar 9, 2005
Sold by
Lee Han
Bought by
Lee Sun A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Toy Factory Lofts Llc
Bought by
Lee Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
3.75%
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
Kinnier Herbert D -- North American Title Company
Kinnier Herbert D $1,200,000 North American Title Company
Meraz Ronald J -- None Available
Meraz Ronald J $900,000 Equity Title Los Angeles
Michaelson Richard A -- None Available
Michaelson Richard A $699,000 None Available
Olah Andrew M $675,000 Chicago Title Company
Lee Sun A -- Chicago Title Co
Lee Sun A $580,000 Chicago Title Co
Lee Han $449,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinnier Herbert D $881,250
Previous Owner Meraz Ronald J $720,000
Previous Owner Michaelson Richard A $489,300
Previous Owner Olah Andrew M $500,000
Previous Owner Lee Sun A $464,000
Previous Owner Lee Han $359,200
Closed Lee Han $44,900
Closed Lee Sun A $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2025 03/15/25 Rented $4,750 0.0% --
02/01/2025 02/01/25 Price Changed $4,750 -4.9% $3 / Sq Ft
01/11/2025 01/11/25 For Rent $4,995 -- --
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 $16,386 $1,365,391 $796,478 $568,913
2024 $16,386 $1,338,619 $780,861 $557,758
2023 $16,062 $1,312,372 $765,550 $546,822
2022 $15,308 $1,286,640 $750,540 $536,100
2021 $15,125 $1,261,413 $735,824 $525,589
2019 $14,670 $1,224,000 $714,000 $510,000
2018 $11,408 $936,360 $749,088 $187,272
2016 $8,753 $723,837 $552,871 $170,966
2015 $8,625 $712,965 $544,567 $168,398
2014 $7,679 $619,000 $481,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • Austen Lee

    Landlord's Agent in 2025

    Austen Lee

    Backbeat Homes

    (310) 721-3595

    28 Total Sales

    Austen Lee
    Section Image

  • V

    Landlord's Co-Listing Agent in 2025

    Vittoria Federico

    Backbeat Homes

    (626) 788-3013

    Vittoria Federico
    Section Image

  • B

    Tenant's Agent in 2025

    Brett Doonan

    Compass

    (310) 650-8809

    5 Total Sales

    Brett Doonan
    Section Image
See All Agents

About Toy Factory Lofts

Map

Source: The MLS

MLS Number: 25-480577

The MLS

APN: 5164-012-075

California Los Angeles County Los Angeles 90021 Downtown LA

1855 Industrial St Unit 418, Los Angeles, CA

This home is located at 1855 Industrial St Unit 418, Los Angeles, CA 90021 since 11 January 2025 and is currently priced at $1,164,929. This property was built in 1924. 1855 Industrial St Unit 418 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