Freeway Visible Arts District
1202-1210 Mateo Street Los Angeles, CA 90021
For Sale
$8,250,000
Freeway visible building with fenced parking in Arts District.
Property Size21,124 SF
Price / SF$390.55
Days on Market112
Property Features for 1202-1210 Mateo Street
General Information
- Standard status
- Active
- Size
- 21,124 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1924
Properties For Sale
at 1202-1210 Mateo Street Contact us
Listing Agency:
Daum Commercial
(213) 270-2235
Listed By:
David Freitag · License #CA 00855673
(213) 270-2235
Source:
Daumcommercial
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daum Commercial
Investment Insights
Based on property information with market context.
This commercial property, containing 21,124 square feet, is a free-standing building with fenced and gated parking. The property is located adjacent to the Arts District and offers freeway visibility. It is currently 100% leased as an investment property. All information should be verified for accuracy.
Key Highlights
- 100% Leased Investment opportunity.
- Free Standing Building.
- Fenced & Gated Parking.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $400.5k | $18.96 |
| − Vacancy | −$25.6k | −$1.21 |
| EGI | $374.9k | $17.75 |
| − OpEx | −$112.5k | −$5.32 |
| NOI | $262.4k | $12.42 |
21,124 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.75M
$3.28M – $4.37M
NOI $262,415 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$427.96M
$374.46M – $499.29M
NOI $29,957,169 @ 7.0% cap · market cap 363.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
FAQs
What type of property is this?
Industrial property - Freeway visible building with fenced parking in Arts District.
Where is this industrial property located?
The property is located at 1202-1210 Mateo Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: 100% Leased Investment opportunity.; Free Standing Building.; Fenced & Gated Parking.
