
1855 Industrial Street, 509, Los Angeles, CA 90021
1855 Industrial Street, 509, Los Angeles, CA 90021
Property 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.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Los Angeles · Condominium
Listed 20.9% above the median closed sale of $988,800.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1940 Highland Avenue | Los Angeles | 1982 | 2 | 2 | 1,478 | 65,573 | $572 | $845,000 | 653 | 65 |
| 900 Olympic Boulevard | Los Angeles | 2010 | 2 | 3 | 1,840 | 399,397 | $923 | $1.70M | 420 | 62 |
| 801 Grand Avenue | Los Angeles | 1985 | 2 | 2 | 1,320 | 58,984 | $746 | $985,000 | 928 | 61 |
| 900 Olympic Boulevard | Los Angeles | 2010 | 2 | 3 | 1,990 | 399,397 | $1,181 | $2.35M | 315 | 61 |
| 1932 Pelham Avenue | Los Angeles | 1989 | 2 | 2 | 1,532 | 6,755 | $757 | $1.16M | 758 | 60 |
| Total: 5 · Average | 2.0 | 2.4 | 1,632 | 186,021.2 | $835.8 | $1.41M | 614.8 | |||
| Median | 1,532 | $1.16M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7560 Hollywood Boulevard | Los Angeles | 1960 | 10/05/2026 | 2 | 2 | 1,528 | 29,175 | $1.10M | $1.05M | $687 | 0.96 | 46 | 76 |
| 7560 Hollywood Boulevard | Los Angeles | 1960 | 10/07/2026 | 3 | 2 | 1,528 | 29,175 | $698,000 | $742,000 | $486 | 1.06 | 53 | 73 |
| 520 Kingsley Drive | Los Angeles | 2007 | 10/05/2026 | 3 | 3 | 1,730 | 17,945 | $1.27M | $1.22M | $702 | 0.95 | 156 | 70 |
| 702 Serrano Avenue | Los Angeles | 2007 | 10/05/2026 | 2 | 2 | 1,290 | 14,187 | $868,000 | $830,000 | $643 | 0.96 | 78 | 68 |
| 1540 Amherst Avenue | Los Angeles | 2007 | 10/05/2026 | 3 | 3 | 1,756 | 7,325 | $1.02M | $988,800 | $563 | 0.96 | 39 | 67 |
| Total: 5 · Average | 2.6 | 2.4 | 1,566.4 | 19,561.4 | $965,160 | $965,160 | $616.2 | — | 74.4 | ||||
| Median | 1,528 | $988,800 | $988,800 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.