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ActiveCondominium

1850 Industrial Street 411

Los Angeles, CA, 90021

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$1,425,000

Original list price: $1,469,000

MLS: 26875385

Beds

1

Baths

2

Sq Ft

1,670

Lot

0.73 ac

Year Built

1925

MLS #

26875385

Days on Market

56

Listed

Aug 21, 2026

Description

Fantastic price paired with low property taxes from Mills Act! Located in the premiere Historic building in the Arts District, this 4th floor "Biscuit Loft" SW CORNER unit is sure to impress. Known as one of the BEST units in the building, the floorplan is unique and special. A long private entry hall leads to a massive space with soaring ceilings and cornered walls of windows that run the entire length/width of the unit. Flooded with light, stunning sunsets, and picturesque views of Downtown LA - means you may never want to leave home! Custom built kitchen includes upgraded quartz island, chic geometric stone back-splash, Refrigerator w/LCD screen, wine cooler, stainless steel cabinets, and high-end fixtures. Newly refinished hardwood flooring (with UV coating) combined with original terrazzo make an elegant statement. Custom office build-out and separated bedroom area allows for unique and private spaces within the unit, including two full baths. Electric solar shades, custom paint, and underground secure parking complete the package and make this a RARE FIND in an area bustling with excitement! Within a stone's throw to many world class restaurants, art galleries, Soho House, new 6th St. Bridge, and numerous developments in the works! Most exciting area in DTLA and the perfect place to live/work. Community salt-water pool, BBQ, newer outdoor furniture & lobby, and 24/7 security/concierge. Newer Air/Heat system. 1 Secure Parking spot. 1 Storage Space. Gas/Water/Trash included. MASSIVE REDUCTION IN PROPERTY TAXES DUE TO MILLS ACT!

Location

Los Angeles, Los Angeles County, CA 90021

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Listed by: Frank Bruno · Keller Williams Hollywood Hills

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$12,416

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $142,500 · Loan: $1,282,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$8,880
Property tax (1.25%)
$1,484
Homeowners insurance
$300
Mortgage insurance
$534
HOA dues
$1,217
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $49,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90021 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.