1855 Industrial Street 509
Los Angeles, CA, 90021
$1,195,000
MLS: 25551277
Beds
1
Baths
2
Sq Ft
1,778
Lot
0.98 ac
Year Built
1924
MLS #
25551277
Days on Market
286
Listed
Jun 11, 2025
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.
Location
Los Angeles, Los Angeles County, CA 90021
Open on Google Maps ↗Listed by: Bill Gross · eXp Realty of California Inc
Payment estimate
$8,601
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500
- Principal & Interest
- $6,608
- Property tax (1.25%)
- $1,245
- Homeowners insurance
- $300
- Mortgage insurance
- $448
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $41,825 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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