Central Los Angeles Micro License & Property Available

Los Angeles, CA, USA
$5,500,000

Details

Listing 137

 

Asking Price: $5,500,000

Sale is for Real Estate with Local and State Licenses

Features:

  • Central Los Angeles Location
  • Micro license for manufacturing (type 7), distribution, and cultivation licenses
  • Has temporary state license and has resubmitted already
  • Approximately 25,000 SF of warehouse
  • 25 ft ceilings
  • Power to be upgraded short term to 1500 amps
  • License stacking is possible
  • Lowest Tax Rate in Los Angeles
  • No Social Equity Requirement
  • Property is currently unimproved inside but has a development agreement which can be transferred, and permits are ready to be pulled.
  • Build out estimate is approx $2M for 8,000 SF of cultivation, with balance for manufacturing and distribution

 

Ryan Clancy — Cannabis Real Estate Consultants — DRE#01817582

 

  • ID: 4959
  • Published: August 1, 2019
  • Last Update: December 2, 2019
  • Views: 1607

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