SIGNIFICANT PRICE DROP - A rare chance to own an iconic Arts District loft at an exceptional value. Wake up every day to sweeping DTLA skyline views and luminous, southeast-facing light that pours through the original factory windows which frame the architectural landmark of the new Sixth Street Bridge. This stunning residence inside the legendary Toy Factory Lofts blends historic character with a sophisticated redesign by internationally celebrated designer Jose Carrasco-Lama, creating a home that feels elevated, artistic, and effortlessly livable. Soaring ceilings, rich textures, and the building's unmistakable industrial bones set the stage for a space that's both dynamic and warm. The private bedroom retreat is a dramatic modern addition that nods to the loft's original concrete pillars - creating a space that is bold, grounded, and beautifully integrated. The remodeled kitchen is sleek and refined, featuring new paneled appliances and thoughtful finishes that amplify the loft's natural depth and warmth. The generous bathroom is a true statement, showcasing Carrasco-Lama's signature custom paint design, turning a daily routine into an experience. The Toy Factory Lofts are known for having some of the best amenities in all of DTLA and Metro LA, including a rooftop pool + pavilion, a spectacular skyline-view garden terrace, expansive entertaining areas, and community dining and barbecue spaces. A fully equipped gym sits on the ground level within a space that celebrates the building's early 20th-century architecture and everyday luxury with historic charm. Additional conveniences include secured underground parking, a dedicated EV charging station, 24-hour security, and a 24-hour concierge bringing comfort, ease, and peace of mind to your daily life. Outside your door: the heartbeat of the Arts District. You're moments from destination favorites like Bestia, Bavel, Factory Kitchen, Hanks Grocery, and countless galleries, cafes, and creative spaces. This isn't just a loft. It's a piece of LA history with a new chapter waiting for you.
Listed by Matthew Freeman
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License #01330292
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Pardee Properties
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310-907-6517
Listed by Tamra (Tami) Pardee
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License #01421451
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Pardee Properties
Last updated January 16, 2026
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Source: CRMLS #26632473
Listing Facts
TypeCondo
NeighborhoodArts District
Bedrooms1
Bathrooms1
Days on Prevu28
HOA/Maint. Fees$860/month
Size911 sqft
Price per sqft$735
Amenities
Dishwasher
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
01/17/2026
Price Decreased
$670,000
01/02/2026
Listed by Pardee Properties
$725,000
Property Details for 1855 Industrial Street 421
Association
Amenities
Association Amenities: Controlled Access, Fire Pit, Pool, Security, Trash
Community Features: Gated
Pets Allowed: Yes
Fees
Association Fee: $860.00 Monthly
Exterior
Construction
Number Of Units Total: 121
Property Attached: Yes
Property Condition: Updated/Remodeled
Stories: 1
Year Built: 1924
Common Walls: 1 Common Wall
Entry Level: 4
Entry Location: Elevator
Features
Direction Faces: East
Pool Features: Association
View: Bridge(s), City Lights
Measurements
Building Area Total: 911
Lot Size Acres: 0.97
Lot Size Area: 42,628
Lot Size Square Feet: 42,628
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5164012078
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer
Parking Features: Controlled Entrance, Covered, Garage, Garage Door Opener, Community Structure
Parking Total: 1
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Laundry Closet
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 1 bathroom in this condo at 1855 Industrial Street 421.
Does this condo have parking?
Yes, there is 1 parking space available for 1855 Industrial Street 421.
Are pets allowed at 1855 Industrial Street?
Yes, 1855 Industrial Street allows pets.
How does 1855 Industrial Street 421 compare to other condos in Arts District?
This condo is listed 27% below the average price for condos in Arts District and has been on the market for 78 less days than the typical home in this area.
What is the square footage on this condo?
According to the MLS, this listing is 911 sqft.
1855 Industrial Street 421 is a 1-bedroom, 1-bath condo for sale in Los Angeles CA 90021. Listed on Prevu for 28 days at $670,000. This includes a recent price decrease of $55,000. This home features 911 square feet of living space, located in Arts District. The median listing price for condos in this area is $819,500. Additional amenities include dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Explore more condo listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.