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For sale
  • $1,195,000

    1855 Industrial St Ste 509, Los Angeles, CA 90021

    1beds
    1,778sqft
    : 
    $8,772/mo
    Get pre-qualified
    Residential, Condominium
    Built in 1924
    -- sqft lot
    $1,116,000 Zestimate®
    $672/sqft
    $1,018/mo HOA

    What's special

    Preserved rail spur elementsHalogen lightingCustom built-in wall libraryGlass-enclosed steam showerLaminate hardwood flooring throughoutUpgraded bathroomSignature curved walls
    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.
    410 days
    |
    73
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Gross DRE # 01022275 310-210-0008,

    eXp Realty of California Inc 310-210-0008,

    Patricia Castillo DRE # 02112322 325-365-9909,

    eXp Realty of California Inc.

    Source: CLAW,MLS#: 25551277MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Other
      Heating
      • Central
      Cooling
      • Air Conditioning
      Appliances
      • Laundry: In Unit
      Features
      • Flooring: Wood Laminate
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,778
      • Total interior livable area: 1,778 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Attached, Community Structure
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: One
      • Pool features: Heated, Community
      • Has view: Yes
      • View description: City, City Lights
      • Waterfront features: None
      Lot
      • Size: 0.98 Acres
      Details
      • Parcel number: 5164012088
      • Zoning: LAM3
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Residential, Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1924

      Community & HOA

      Community
      • Security: 24 Hour Security, Gated Community with Guard
      • Subdivision: Toy Factory Loft
      HOA
      • Has HOA: Yes
      • Amenities included: Assoc Barbecue, Assoc Pet Rules, Gated Community Guard, Gated, Fitness Center, Exercise Room, Elevator(s), Gated Parking
      • HOA fee: $1,018 monthly
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $672/sqft
      • Tax assessed value: $1,097,271
      • Annual tax amount: $13,433
      • Date on market: 6/11/2025
      Bill Gross

      Bill Gross

      (310) 210-0008

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        Estimated market value

        $1,116,000

        $1.06M - $1.17M

        $5,592/mo

        Price history

        DateEventPrice
        6/11/2025Listed for sale$1,195,000+44.8%$672/sqft
        Source: CLAW #25551277 Report a problem
        5/8/2007Sold$825,000+36.4%$464/sqft
        Source: Agent Provided Report a problem
        7/27/2004Sold$605,000$340/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,433 +1.1%$1,097,271 +2%
        2024$13,286 +2%$1,075,757 +2%
        2023$13,024 +4.9%$1,054,665 +2%
        2022$12,415 +1.2%$1,033,986 +2%
        2021$12,264 -1%$1,013,713 +1%
        2020$12,388 $1,003,319 +2%
        2019$12,388 +4.3%$983,647 +2%
        2018$11,876 $964,361 +2%
        2017$11,876 +3.7%$945,453 +2%
        2016$11,452 +2.3%$926,915 +4.1%
        2015$11,193 +29.1%$890,000 +27.3%
        2014$8,673 $699,000 +29%
        2012-- $542,000
        2011-- $542,000
        2010-- $542,000 -12.3%
        2009-- $618,000 -26%
        2008-- $835,380 +32.7%
        2007-- $629,442 +2%
        2006-- $617,100
        2005-- $617,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central City East

        Getting around

        77 / 100
        Very Walkable
        67 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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