1509 Mateo St - Permit for Private Club | 1509 Mateo St
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1509 Mateo St - Permit for Private Club 1509 Mateo St
4,663 SF Vacant Retail Building Los Angeles, CA 90021 $4,556,475 CAD ($977 CAD/SF)
INVESTMENT HIGHLIGHTS
- Extensive improvements in place
- CUB for Private Club with full liquor and entertainment
- Fully built out kitchen with hood
- New MEP
- Vacated alley
EXECUTIVE SUMMARY
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.
The building’s use was recently modified to allow for a private club on the ground floor with a CUB allowing for onsite consumption of a full
one of alcoholic beverages from 5pm to 2 am daily and a cafe and entertainment permit* along with an office on 2nd floor.
Significant improvements have been completed at 1509 Mateo St including the full build out of a commercial kitchen and bar on the 1st
floor comprising of 2,513 sf and a beautiful creative space with bathroom and kitchenette on the second floor.
The sale includes a Type 47 full liquor license valued at $125,000.
The property at 1509 Mateo St is located just south of the Arts District.
The building’s use was recently modified to allow for a private club on the ground floor with a CUB allowing for onsite consumption of a full
one of alcoholic beverages from 5pm to 2 am daily and a cafe and entertainment permit* along with an office on 2nd floor.
Significant improvements have been completed at 1509 Mateo St including the full build out of a commercial kitchen and bar on the 1st
floor comprising of 2,513 sf and a beautiful creative space with bathroom and kitchenette on the second floor.
The sale includes a Type 47 full liquor license valued at $125,000.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,663 SF
Year Built/Renovated
1966/2020
Price
$4,556,475 CAD
Price Per SF
$977 CAD
Percent Leased
Vacant
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
M3 - M3-1-RIO
The most recent certificate of occupancy allows for a private club on the ground floor with live entertainment w/ an office on the 2nd floor.
AMENITIES
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5167-001-043 | Improvements Assessment | $2,549,005 CAD |
| Land Assessment | $620,439 CAD | Total Assessment | $3,169,444 CAD |
PROPERTY TAXES
Parcel Number
5167-001-043
Land Assessment
$620,439 CAD
Improvements Assessment
$2,549,005 CAD
Total Assessment
$3,169,444 CAD
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1509 Mateo St - Permit for Private Club | 1509 Mateo St
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