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Price : $2,950,000
Listing Type : Commercial/Other For Sale
Status : ACTIVE
Price for Rent : 3 + NNN
Size : 4230
Lot Size (Acres) : .14
Power (AMPS) : 1200
Cannabis or Hemp Use? : Cannabis
Medical or Recreational : Both
City Tax Rate : 3% non-retail 5% retail (gross)
Year Built : 1981
Utilities : Water, Electricity, Gas, Sewer, Trash
Company Name : Cannabis Real Estate Consultants
Phone : (866) 810-2022
Email : info@crec.us

This is one of the most affordable delivery licenses in Los Angeles County, with a low tax rate and is paired with manufacturing and distribution licenses.  The location is strategically situated for easy delivery throughout LA, only 3 minutes from the I-5, 6 miles from downtown, 12 miles to Hollywood and 21 miles to LAX.

Type 7 Volatile Manufacturing. Compliant Property CMM2 with Local Municipal License. Operator/Buyer will need to finalize state licenses. Full Due Diligence Package (Municipal License, Incorporation Documents, Business Plan, Layout).

Cannabis Uses: Delivery, Manufacturing, Volatile, Distribution, Extraction

  • Lot Size: .14 acres
  • Building Sqft: 4230
    • 1800 sq ft Manufacturing
    • 1800 sq ft Distribution & Non Store Front Delivery
    • 600 sq ft security & office
  • Power (amps): 1200
  • City Tax Rate: 1
  • Year Built: 1981
  • Existing Utilities: Electricity, Gas, Water, Trash, Sewer, Roads
  • CMM2 Zoning

Development Agreement / Local Licensing
 – DA available after proof of funds and MNDA are executed
 –  Business Plan (Available for State Application) 
 – Full Data Room Will be Shared
 – Requires Proof of Funds & MNDA to Tour Property
 – 2 Months for State License Application (CREC Compliance can help)
 – Operational in 6 Months with Build Out

Terms of Purchase: $2.95M Purchase Price, $1.65M for Property, $1.3M for the business with licenses

45 day escrow (local change of ownership)

Lease option (depending on strength of operator)

– $3/sf + NNN 

    •      Requires purchase of business with licenses
      • valued at $1.3 million

Proof of funds required to tour property

Taxes
3% (Manufacturing & Distribution)
5% (Non Store Front Retail – Delivery)
Annual City Fees $32,000, $42,000

 For more information on this property here.  Find more California cannabis real estate and discover more delivery, cultivation, manufacturing, and retail opportunities. 

We also offer cannabis compliance services and solutions to help your business succeed.   

Email: info@crec.us

Phone: (866) 810-2022

Miklos Campuzano – Cannabis Real Estate Consultants – DRE# 02072292

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