ActiveCondominium

1855 Industrial Street 307

Los Angeles, CA, 90021

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$1,990,000

Original list price: $2,095,000

MLS: 26665667

Beds

2

Baths

2

Sq Ft

2,320

Lot

0.98 ac

Year Built

1924

MLS #

26665667

Days on Market

87

Listed

Mar 17, 2026

Description

Rare double size designer loft at the historic Toy Factory in the Arts District. One of the largest homes in the building and one of the only true two bedroom lofts, this rare offering features 11ft ceilings, concrete floors, and is adorned in bespoke details, high end finishes, and oversized south facing windows with only one common wall. Enter through the large foyer into the kitchen and dining area, featuring a custom Italian Dada cabinet kitchen with Dacor appliances and statuary marble countertops, backsplash, and large eat-in bar. Adjacent to that is the dining area outfitted with a custom Boffi console and wall built-in with seating for eight, overlooking both the living area and kitchen. The oversized living room is flanked by a towering De Padova bookshelf and accented by an art feature wall and custom lighting plan. Behind a door is the massive primary suite with a custom dark oak king bed and desk built-in, sound dampening window treatment, Molteni wall unit with additonal living space, and the largest custom Boffi and Molteni walk-in closet in the building. The second bedroom behind a steel and glass door has a custom oak double queen bed set along with Vitsoe shelving set and built-in oak desk and closets. Also featuring a laundry room with extra storage, Miele washer/dryer set, Buster & Punch wall plates and fixtures, and bathrooms clad in marble with Kohler and Boffi brushed nickel hardware. Additional large built-out storage room, unique to the this loft, with ample room within the unit, and comes with two side by side parking space. The iconic building is amenity rich with a rooftop pool and lounge areas featuring downtown skyline views, a gym with yoga loft, additional view deck, and 24 hour security and concierge service. Unusual quality and size in the best building in the Arts District.

Location

Los Angeles, Los Angeles County, CA 90021

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Listed by: Derek Lester · Compass

Payment estimate

$16,273

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $199,000 · Loan: $1,791,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$11,344
Property tax (1.25%)
$2,073
Homeowners insurance
$300
Mortgage insurance
$746
HOA dues
$1,810
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $69,650 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.