1850 Industrial St #703, Los Angeles, CA 90021
MLS#: 12-579313 | 2bd, 2.5ba | 4,300 Sq ft (per MLS)
Offered at $2,599,000
Actor-director Vincent Gallo has listed his gorgeous one of a kind Biscuit Company penthouse in downtown L.A. for sale at $2.599M with a haircut of about $500k from its list price in June 2011 of $2.95M.
The Four level luxury downtown loft features 30’ ceilings, floating staircases, private in unit elevator, brick walls and maple floors and is located in a historic building in the Arts District of downtown LA with sweeping views of the city. It comes with 3 subterranean parking spaces.
Per the MLS listing the loft has “Three outdoor private terraces totaling 3,100 sqft. w/ 360 degree views of the entire LA basin. Building has 75′ saline pool, 24-hour doorman, BBQ’s, gym and 3 parking spaces. Mills Act protected with property taxes cut by approx. 78% by recent assessment. ($7500/yr)”
The complex is a Los Angeles Historical-Cultural Monument, which allows for reduced property taxes under the Mills Act.
This is truly a trophy property and one hell of an entertainment pad if you’re looking in downtown and lofts are your thing. Others might find the staircases and lack of privacy in the bedrooms a little daunting and might want to consider look at homes in Los Feliz/ Hollywood Hills and other nearby areas at a similar price point.
Gallery Below:
To check out this listing or any others, call me at 310.869.1539 or email av@hausangeles.com. Listing details and pictures
Listing courtesy: Frank Bruno/ Keller Williams HollywoodHills
