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823 Mateo St
Los Angeles, CA 90021
Industrial Property For Sale


Investment Highlights
- Located in the heart of the Downtown Los Angeles Arts District near major employment and business centers.
- Fenced and paved yard area provides operational flexibility and outdoor storage capability.
- Vacant building allows for immediate occupancy by an owner-user or tenant.
- Heavy industrial M3-1-RIO zoning supports a variety of industrial and manufacturing uses.
- Multiple ground-level loading doors support efficient loading and distribution activities.
- Opportunity Zone location may provide tax incentive benefits for qualifying investments.
Executive Summary
823 Mateo Street presents an opportunity to acquire a vacant industrial property in Los Angeles’ Arts District, one of the most active urban industrial and creative business environments in Southern California. The property consists of a masonry industrial building with heavy industrial zoning (M3-1-RIO), allowing for a variety of manufacturing, industrial, and operational uses. The building includes office improvements, three restrooms, on-site parking, fenced and paved yard area, sprinkler protection, and multiple ground-level loading doors.
Its location near Downtown Los Angeles provides access to a large regional workforce, major transportation corridors, and the area's established industrial and creative business ecosystem. The property is situated near the Warner Music Group corporate office and benefits from the continued redevelopment activity that has transformed the Arts District into a destination for industrial, creative, technology, and commercial users. The combination of functional industrial improvements, yard capability, and central Los Angeles positioning supports a range of owner-user and investment strategies.
The property is currently vacant and available for immediate occupancy. Located within a designated Opportunity Zone, qualifying investments may be eligible for applicable Opportunity Zone tax benefits subject to investor qualifications and applicable regulations. The property's heavy industrial zoning, fenced yard, loading capability, and central infill location provide flexibility for a variety of industrial operations in a supply-constrained urban market.
Its location near Downtown Los Angeles provides access to a large regional workforce, major transportation corridors, and the area's established industrial and creative business ecosystem. The property is situated near the Warner Music Group corporate office and benefits from the continued redevelopment activity that has transformed the Arts District into a destination for industrial, creative, technology, and commercial users. The combination of functional industrial improvements, yard capability, and central Los Angeles positioning supports a range of owner-user and investment strategies.
The property is currently vacant and available for immediate occupancy. Located within a designated Opportunity Zone, qualifying investments may be eligible for applicable Opportunity Zone tax benefits subject to investor qualifications and applicable regulations. The property's heavy industrial zoning, fenced yard, loading capability, and central infill location provide flexibility for a variety of industrial operations in a supply-constrained urban market.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built | 1954 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 0.16 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 5,850 SF | Opportunity Zone |
Yes
|
| Zoning | LAM3 - Heavy Industrial | ||
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.16 AC |
| Rentable Building Area | 5,850 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Tenancy | Single |
| Parking Ratio | 0.67/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | LAM3 - Heavy Industrial |
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 5166-017-012 | Improvements Assessment | $98,262 CAD |
| Land Assessment | $82,402 CAD | Total Assessment | $180,664 CAD |
Property Taxes
Parcel Number
5166-017-012
Land Assessment
$82,402 CAD
Improvements Assessment
$98,262 CAD
Total Assessment
$180,664 CAD
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