1509 Mateo St - Office/Residential FOR SALE


Los Angeles, CA 90021- Southeast Los Angeles
$2,499,000 USD
213-277-7247
1509 Mateo St, Los Angeles, CA for Sale
$2,499,000 USD
Office/Residential - FOR SALE
1/37
null | Request Cap Rate

1509 Mateo St
Los Angeles, CA 90021
Southeast Los Angeles


HIGHLIGHTS

  • Extensive improvements in place
  • New MEP
  • CUB for Private Club with full liquor and entertainment
  • Vacated alley
  • Fully built out kitchen with hood

OVERVIEW

Urbanlime Real Estate is pleased to present the opportunity to purchase the fee simple interest at 1509 Mateo St in Los Angeles, CA. The property at 1509 Mateo St is located just south of the Arts District. Ideal owner-user opportunity featuring a recently upgraded office building. The two-story property offers approximately 4,663 square feet with notable improvements including a new HVAC system, upgraded power, new roof, kitchens on both levels and a gated parking lot. The second floor benefits from abundant natural light, while double-paned windows provide excellent insulation from exterior noise. The gated alleyway has just been privatized adding approximately 2,500 sf to the lot size.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$536 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1509 Mateo St - Owner User Arts District

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

R&D, undefined, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,498 SF

ZONING

M3

APN/PARCEL ID

5167-001-043

ASK ABOUT THIS PROPERTY

Lorena Tomb ReedUrbanlime Real EstateMore Info
213-277-7247

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Lorena Tomb ReedUrbanlime Real EstateMore Info
213-277-7247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.