IT is the antithesis of the California ranch-style house and the epitome of an upscale, downtown loft.
The Biscuit Company Lofts penthouse villa, with four stories of living space, is the biggest of the 104 residential units built this year in L.A.'s Biscuit Co. building. Constructed by the National Biscuit Co. in 1925 at a cost of $2 million, the seven-story Nabisco building -- with its attractive brick exterior, granite entries, terra-cotta ornamentation and inch-thick maple floors -- served as the company’s West Coast headquarters.
The penthouse was converted from the original water tower by Santa Monica architect Aleks Istanbullu. It has a rooftop terrace with sweeping views of downtown and three bridges spanning the L.A. River.
Exposed brick walls, steel-frame construction, oversized doors and large windows give the loft building a modern look.
About the area: Biscuit Company Lofts is part of a work-live neighborhood being created by developer Linear City on Industrial Street, bounded by Mateo and Mill streets. The Toy Factory Lofts, Royal Claytons restaurant, a gourmet grocer, boutique gym and men’s shop are already operating. New sidewalks and a traffic-pattern change make the area more pedestrian-friendly.
Asking price: $4.9 million
Size: The three-bedroom loft has 3,500 square feet of living space, but its terrace offers an additional 2,500 square feet of private outdoor space for parties and gardens.
Features: The penthouse has 30-foot-high ceilings and its own elevator. Among the common amenities are a pool, an entry lobby, a doorman and an on-site parking garage.
Where: 1850 Industrial St., in the downtown Arts District.
Sales office: 1855 Industrial St., Unit No. 6, Los Angeles; (213) 670-0114.