2 Beds • 4 Baths • 2,650 SF • Two Side-by-Side Penthouses • 5 Parking Spaces • $3,450,000
1850 Industrial St, Los Angeles, CA 90021
The Biscuit Lofts was originally conceived as the west coast headquarters of The National Biscuit Company. In 1925 this landmark structure was designed by E.J. Eckle, the Dean of American architects and founder of the distinguished firm of Eckle and Aldrich. Constructed at the then astounding cost of $2,000,000 -this celebrated 7-story sky scraper factory became an architectural sensation.
In 2007, Linear City LLC completed an award-winning renovation of the former Nabisco Bakery into 104 authentic live/work lofts and left space for a fine dining restaurant at the lower level. It is Los Angeles Historical-Cultural Monument #888. (Which also allows for vastly reduced property taxes under the Mills Act.)
On the exclusive 7th floor penthouse level, lies one of the most unique and RARE offerings ever to be presented at the historic Biscuit Lofts... Two side-by-side PENTHOUSE units are being sold simultaneously (two APN’s & two HOA dues). The larger of the two is a 2,030 sqft. townhome style unit #701, with hardwood floors throughout. The open kitchen with stainless steel appliances and cabinetry overlooks the stunning living space. A wall of windows overlooks Downtown LA landmark buildings, the new 6th Street Bridge, and the stunning San Bernadino Mountain range. Original details abound with a separated room that features a large copper door which can be used as an office or speakeasy bar area. Downstairs there is room for a second bedroom area with full bath, and another powder room. Upstairs lies the primary suite with full bath and laundry facilities. The unit also features two separate patio areas with approx. 1000 sqft. of private outdoor space. The upper patio offers a unique private rooftop deck experience only available to this unit, with 360 degree jetliner views of the city! One of the most stunning private rooftop decks in the Arts District cannot be denied, and will elevate your outdoor entertaining to next level impressiveness. The second unit #702 is smaller at 620 sqft and located directly next to the door of #701 and updated with modern bathroom, tall closet doors, kitchen, and incredible views. What makes this a rare opportunity is this unit can be used in a myriad of ways. Perhaps as an attached guest suite, a separated office space, a gym, a lounge for the main workspace next door, a theater, a rental unit, or possibly connecting the two units (HOA approval would be required) and used as a connected extra space of your choice. The beauty of this offering is the rarity of two side-by-side Penthouses of these unique sizes to come to market simultaneously. Possibly a once-in-a-lifetime opportunity at the Biscuit Lofts. If that weren’t enough, the sale package includes an unprecedented 5 underground security parking spaces, and 2 storage units! Another advantage of the Biscuit Lofts being live/work space, is these versatile units can be a home, office or any combination of both! The building offers a 24/7 concierge, saline pool and showers, Viking BBQ's, firepit, and a full gym.
- Two Penthouse Units (side-by-side)
- #701 - 2,030 sqft. / #702 - 630 sqft. (Total of 2,650 sqft.)
- Mills Act Major Tax Reduction (2022 - $6,050 + $2,402 = Total $8,452 per year)
- Completely Renovated
- High-Quality Finishes
- Two Private Rooftop Decks w/ 360 degree views of Downtown, 6th St. Bridge and San Bernardino Mountains
- FIVE Subterranean Parking Spaces
- TWO Storage Units
- HOA Dues: #701 - $1,075 / #702 - $786 (Total of $1,861 per month)
The Arts District is one of the hottest neighborhoods in the Downtown L.A. area. From the district’s beginnings as Jean-Louis Vigne’s vineyard to an orchard growing mostly oranges and grapefruit, by the late 1800s it became an industrial center for railroads and manufacturing. Eventually, the railroads gave way to the trucking industry which moved to other L.A. County areas like Commerce in order to build larger buildings to accommodate their growing businesses. In the 1970s, artists braved dangerous conditions and began to occupy the area’s dilapidated buildings, having been priced out of areas such as Venice and Hollywood. Eventually, they opened art galleries and began to develop these buildings themselves, thereby preserving a big part of LA’s industrial history. The area underwent another downturn in the 1990s before being saved by Joel Bloom and his supporters, who officially renamed the area the “Arts District.” Today, it is home to many creatives, including those in green technology, architecture, and entertainment. It has become the embodiment of a community that has faced challenges and adversity, yet overcome. Some of the hottest real estate in the Downtown area has shifted to the trending Arts District. With some of the most avant-garde chefs in Los Angeles, art galleries, boutiques, bars, and walkability, it is clear why this area has turned all heads and become a beloved neighborhood for all to enjoy.
Arts District Directory : CLICK HERE
The Arts District
6th Street Bridge
Arts District Co-op