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$825,000
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Property Description
Astonishing this Iconic Toy Factory loft is still on the market! NOW priced at the lowest price per square ft in years. Buyers, this is your opportunity to take advantage of the market! With 1600 sq feet of floor space, unobstructed South-facing views and one of only a handful of lofts with its own outdoor balcony. Located in the center of Downtown LAs Art's district the 121-unit complex was originally built in 1924 and maintains many of its original details. Polished concrete floors, exposed ducting, 11' ceilings and an enormous factory window define the space. With all of this floor space you can create so many well-defined areas: Live, work, lounge, entertain, read, reflect and enjoy ...so many possibilities. The 5th floor unit has many upgrades. Custom built-ins and cabinetry strategically carve out the bedroom and add closet space and storage. The moody kitchen has a colorful tile backsplash, stainless appliances, refurbished cabinets and a fabulous center island. The spacious bathroom has two sinks and a tub/shower combo. Central Heat & Air, inside laundry and one deeded parking space in the secured parking garage with it's own electric car charger. Building amenities include: 24-hour security, a year-round heated rooftop pool with panoramic views of Downtown LA and a zen-inspired 3rd floor sundeck with beautiful potted plants and bbq grills. Private gym on the 1st floor and Amazon lockers provide convenience. The vibrant community can be accessed by foot, day or night. Colorful and exemplary cuisine surround the area with such favorites as Camelia, Bestia, Bevel and Zinc cafe & bar. The fabulous Hank's Organic market is around the corner. Underway is the nearby 12-acre "PARC" project which will create a massive public green space, event arenas, a dog park and more along the LA River. Convenient to major freeways and infrastructure. A wonderful opportunity to own an original downtown LA loft in one of LA's most coveted neighborhoods. Buyers be urgent! The price doesn't get better than this!
Full Property Details
Full Property Details for 1855 Industrial St #505
General
- Sold For: $825,000
- Status: Closed
- Type: Condo
- Source: CLAW
- MLS ID: 24-462537
- Added to Site: 429 day(s) ago
Interior
- Rooms/Areas: Loft, Patio Open
- Furnishings: Unfurnished
- Flooring: Stained Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: In Unit, Laundry Area
Additional Information
- Shared Amenities: Security, Assoc Pet Rules, Assoc Barbecue, Controlled Access, Elevator, Fitness Center, Pool, Sun Deck
- Pool: Yes
- Pool Description: Association Pool, Heated, Community
- Security/Safety: 24 Hour
Parking
- Covered Spaces: 1
- Garage Description: Community Garage, Subterranean, Assigned
Location
- Area: Metropolitan
- County: Los Angeles
- Complex: Toy Factory
- Driving Directions: East of Alameda between 6th & 7th
- Direction Faces: South
Community
- Assoc. Fees Include: Water and Sewer Paid, Trash, Security
- Pet Restrictions: Assoc Pet Rules, Pets Permitted, Yes
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- Architectural Style: Architectural
- Structure Type: Condominium
- Common Walls: Attached
- Entry Floor Number: 5
- Stories/Levels: 0
- Square Feet: 1,598
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
Unit Information
- Units in Complex: 121
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.9786
- Lot Size: 42628
- Lot Size Source: Assessor
- Zoning: LAM3
Financial Considerations
- Price Per Sq. Ft.: $525.66
- Other Fee Freq.: Monthly
- Assessment Year: 1924
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5164-012-084
Listed and Sold by Keller Williams Larchmont, Heidi Davis
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Schools
Schools serving 1855 Industrial St #505
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ninth Street School 835 Stanford Avenue, Los Angeles, CA 90021 | K-5 | 0.9 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 1.2 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 0.9 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1855 Industrial St #505
Date
Details
Price
Change
Source
9/25/2025
Sold
$825,000
-1.79%
MLS
5/29/2025
Price Reduced
$840,000
-5.62%
MLS
4/14/2025
Price Reduced
$890,000
-4.3%
MLS
3/04/2025
Price Reduced
$930,000
-6.91%
MLS
2/10/2025
Price Reduced
$999,000
-4.4%
MLS
1/12/2025
Price Reduced
$1,045,000
-1.88%
MLS
11/15/2024
Listed
$1,065,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1855 Industrial St #505, Los Angeles, CA 90021 (MLS# 24-462537) is a Condo property that was sold at $825,000 on September 25, 2025. Want to learn more about 1855 Industrial St #505? Do you have questions about finding other Condo real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

