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1855 Industrial Street, 509, Los Angeles, CA 90021

$1.20M1bd · 2ba · 1,778 sqft
Lot 42,628 sqft•HOA $1017.84/mo•Condominium•
Active
•487d on market•MLS# 00-25551277

Property Description

Experience elevated urban living in this expansive 5th-floor corner residence at the iconic Toy Factory Lofts, located in the heart of Downtown LA's vibrant Arts District. This bright and open loft features soaring 11-foot ceilings, oversized windows with southwest-facing city skyline views, and a flexible floor plan ideal for both residential and live/work use. The spacious kitchen is outfitted with stainless steel appliances, halogen lighting, and a center island perfect for entertaining. The primary suite offers a walk-in closet, an upgraded bathroom, and a glass-enclosed steam shower. Additional highlights include laminate hardwood flooring throughout and a custom built-in wall library. Enjoy an exceptional suite of amenities including a fully equipped fitness center with Pilates reformers, a lush landscaped courtyard with BBQ grills, and a stunning rooftop sky deck featuring a year-round heated pool with panoramic 360-degree views of Los Angeles. Amazon lockers are conveniently located on-site, and the residence includes two assigned parking spaces in a secure, attached garage along with 24-hour front desk service. Originally constructed in 1924 by the Santa Fe Railroad and thoughtfully redeveloped in 2006, the Toy Factory Lofts are a standout example of adaptive reuse, blending historic industrial character with modern design. Noteworthy architectural features include original concrete columns, signature curved walls, and preserved rail spur elements. The building sits directly across from the Biscuit Company Lofts and within walking distance to some of the Arts District's most acclaimed restaurants, cafes, and cultural venues. HOA dues include water, trash, sewage, parking, and general liability/fire insurance. Residents pay for their own gas, electricity, and internet. This is a rare opportunity to own a piece of Los Angeles history in one of the city's most dynamic and creative neighborhoods.

Features & Amenities

FeeBuilt 1924

Property Details

Land Type
Fee
Year Built
1924
Property Type
Residential
Property Subtype
Condominium
Heating
Central
View
City Lights
City
Los Angeles
Zip Code
90021
County
Los Angeles
Listed byeXp Realty of California Inc, Bill Gross

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,042.57
Principal & Interest
Loan Amount
$956,000
Total Interest
$1,219,325
Total Payment Over 30 Years
$2,175,325
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1855 Industrial Street, 509, Los Angeles, CA 90021

Los Angeles · Condominium

$1.20M
Residential Tier
Beds
1
Baths
2
Sqft
1,778
Lot
42,628 sqft
Year
1924
$/Sqft
$672
Pool: Yes✓
View: city✓

Listed 20.9% above the median closed sale of $988,800.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $672/sqft
Total list price
Closed comps
vs closed median $989K
+$206K (+20.9%)
Active comps
vs active median $1.16M
+$36K (+3.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $836
−$164 (−19.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1940 Highland AvenueLos Angeles1982221,47865,573$572$845,00065365
900 Olympic BoulevardLos Angeles2010231,840399,397$923$1.70M42062
801 Grand AvenueLos Angeles1985221,32058,984$746$985,00092861
900 Olympic BoulevardLos Angeles2010231,990399,397$1,181$2.35M31561
1932 Pelham AvenueLos Angeles1989221,5326,755$757$1.16M75860
Total: 5 · Average2.02.41,632186,021.2$835.8$1.41M614.8
Median1,532$1.16M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7560 Hollywood BoulevardLos Angeles196010/05/2026221,52829,175$1.10M$1.05M$6870.964676
7560 Hollywood BoulevardLos Angeles196010/07/2026321,52829,175$698,000$742,000$4861.065373
520 Kingsley DriveLos Angeles200710/05/2026331,73017,945$1.27M$1.22M$7020.9515670
702 Serrano AvenueLos Angeles200710/05/2026221,29014,187$868,000$830,000$6430.967868
1540 Amherst AvenueLos Angeles200710/05/2026331,7567,325$1.02M$988,800$5630.963967
Total: 5 · Average2.62.41,566.419,561.4$965,160$965,160$616.2—74.4
Median1,528$988,800$988,800

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.