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69
Status : ACTIVE
Price for Rent : 2.25-4.50
Size : 59500
Lot Size (Acres) : 1.36
Lease Type : NNN, Modified Gross
APN : 6007-006-021 & 6007-006-024
Power (AMPS) : 1400
Medical or Recreational : Both
Year Built : 1927/1957/2019
Company Name : Agnew|Serling Group of Marcus & Millichap
Phone : 818-212-2776

For Lease or For Sale – Please contact agent for complete details in the LEASE and SALE marketing package.

OWNERSHIP HAS RECEIVED AN AUTHORIZATION LETTER FROM THE LOS ANGELES DEPARTMENT OF CANNABIS REGULATIONS FOR THE FOLLOWING COMMERCIAL CANNABIS ACTIVITY TYPE(S)*:

MEDICAL CULTIVATION MEDIUM INDOOR – (MAXIMUM 20,000 SF)
MEDICAL DISTRIBUTOR – (UNLIMITED / ENTIRE PROPERTY)
MEDICAL MANUFACTURER LEVEL 1 – (UNLIMITED / ENTIRE PROPERTY)
ADULT-USE CULTIVATION MEDIUM INDOOR – (MAXIMUM 20,000 SF)
ADULT-USE DISTRIBUTOR – (UNLIMITED / ENTIRE PROPERTY)
ADULT-USE MANUFACTURER LEVEL 1 – (UNLIMITED / ENTIRE PROPERTY)
*Manufacturer Level 1 local authorization covers any eligible combination of the Type 6, N, P, and S commercial cannabis license activities offered by the State of California.

Given the buildings location and recent Los Angeles County Cannabis Ordinance Regulations, the property’s eligibility currently falls into all categories legal for cultivation, distribution, and retail use. As development in Downtown Los Angeles continues to boom and expanding south, the Goodyear Tract will certainly be no stranger to the ever growing mixed-use opportunities the city is seeing. With the entertainment industry expanding their studio options, the cannabis industry rapidly growing, and the University of Southern California aggressively expanding their campus and student facilities, this owner/user opportunity has major potential to expand right along with the city.

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