Description

1000 S Mateo St presents a rare 1.42-acre, block-to-block development opportunity in the Arts District of Downtown Los Angeles. The site extends between Mateo Street and Sacramento Street and includes approximately 16,800 square feet of existing industrial improvements, providing current income and flexibility during development planning.

The property is fully entitled for a Gensler-designed mixed-use project totaling approximately 257,287 square feet. Approved plans call for 106 live-work condominium units, including designated affordable units, plus approximately 119,845 square feet of commercial space. The commercial program includes about 92,739 square feet of office space, 13,978 square feet of retail space, and 13,126 square feet of restaurant space. Planned amenities include a rooftop pool, fitness center, coworking and resident lounges, a spa deck, ground-floor retail, and a rooftop restaurant. A three-level garage is designed to provide 402 vehicle spaces, supplemented by 145 bicycle stalls and approximately 18,862 square feet of usable open space.

The existing site supports industrial outdoor storage and benefits from a grandfathered automotive use, creating interim utility for industrial, storage, or automotive operators. The property lies approximately 600 feet from Interstate 10 with convenient connections to Interstates 5 and 110 and State Route 60. Its Arts District location places the site near established creative offices, hospitality, dining, and cultural destinations while offering immediate income and a clear path to a large-scale urban infill project. Buyers should independently verify zoning, entitlements, permitted uses, and development plans.