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Biscuit Co Lofts Unit 506 for Sale in Downtown Los Angeles Arts District Presented by DLXco

Listing Status: Active

Last updated: 2024/04/26

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Biscuit Co Lofts Unit No: 506

1850 Industrial St

Los Angeles, CA 90021

Offerred At: $875,000

HOA Dues: $892/Month

List Date:2023/11/25

List Price/SQFT: $762.86

Days on Market: 153

Bedrooms: 1

Baths: 1

SQFT: 1,147

Pet Friendly: Yes

Laundry: In Unit

Parking Space(s): 1

Mills Act: Yes

Live Work: Yes

This 1147 square-foot loft is located in the historic Biscuit Company Lofts building in Los Angeles -- a 1925 structure that once served as the National Biscuit Company's (Nabisco) West Coast headquarters. In 2007, developers completed an award-winning renovation converting it into 104 lofts and incorporated areas for upscale dining. Biscuit Company Lofts hold the prestigious designation of being a Los Angeles Historical-Cultural Monument (HCM #888), allowing owners reduced property taxes under the Mills Act. Unit 506 features a contemporary design with industrial chic, including an open floor plan, 13-ft ceilings, original 1925 maple hardwood floors, exposed brick, and oversized industrial windows. A stainless kitchen and large bathroom are seamlessly integrated. Building amenities include a 24/7 concierge, gym membership in an affiliated building, landscaped gardens, a 75-foot saltwater pool, gated parking, and a 24/hour security system. This loft offers the convenience of walking distance to the new Sixth Street Viaduct, also known as the Sixth Street Bridge connecting the Arts District with the vibrant Boyle Heights neighborhood. The property is near downtown Los Angeles and world-renowned arts district restaurants. REDUCTION IN PROPERTY TAXES DUE TO MILLS ACT. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, HOA fees or assessments, Mills Act designation, Historical Cultural Monument status, use code, permits, school district and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer to investigate Mills Act property tax reduction to their own satisfaction. Buyer is advised to independently verify the accuracy of all information through personal inspection and with the appropriate professionals.

Constructed: EJ Eckel - 1925

Modernized: Linear City - Donald Barany Architects - 2006

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Listing courtesy of Andrew R. Liberty from Compass

Photos courtesy of CLAW MLS

Information deemed accurate but is not gauranteed. (Disclaimer)

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