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806-816 E 61st St

19,813 SF Industrial Building Los Angeles, CA 90001 For Sale

Investment Highlights

  • FULLY BUILT-OUT for Cannabis Distribution and/or Manufacturing w/ EXPANSION
  • XCELLENT parking for the area & Parking Entitlement Waiver
  • PLUG & PLAY for Distribution, Packaging and Pre-rolls

Executive Summary

E. 61st Street is newly energized and fully built-out for Distribution and pending
improvements for Cultivation with plans that allow for a mix of two and three tier
rooms for flowering and veg. The current configuration allows flexibilty for any user
whether they are looking to expand their cultivation footprint, manufacturing and
distribution or even to add a new delivery hub. Originally built in the 1930s the majority
of the existing Improvements were completed over the last 5 years. The Property
features HVAC throughout the one of the buildings, 20 ft clear height in the main
building, ground-level doors, brick and masonry construction, and generous parking
for the area. While all compliant uses will be considered, the Property currently offers
licensing for Cultivation (and/or Nursery) Manufacturing and Distribution allowing
an operator speed to market with an existing foundation of partial improvements and
regulatory compliance.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.78 AC
Rentable Building Area 19,813 SF
Number of Floors 1
Year Built 1932
Tenancy Single
Parking Ratio 1.11/1,000 SF
Clear Ceiling Height 12 ft
No. Dock-High Doors/Loading 1
Level Access Doors 3
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting - Fluorescent
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 19,813 SF
  • Industrial
  • Full Build-Out
  • Now

806-816 E. 61st Street is ideally positioned for most types of cannabis tenants and is currently built out for Cannabis Distribution and Manufacturing. The completed space allows for operators to either purchase the current licensing (Cultivation, Distribution & Manufacturing), move or apply for their own licensing (Distribution Manufacturing, Nursery and/or Delivery) and be up and running with greater ease. This facility provides a rare opportunity to lease a facility with ample power, substantial existing improvements completed plans, and strategically located amongst a robust cannabis market in South East Los Angeles.

Space Size Space Use Condition Available
1st Floor 19,813 SF Industrial Full Build-Out Now

1st Floor

Size
19,813 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 19,813 SF
Space Use Industrial
Condition Full Build-Out
Available Now

806-816 E. 61st Street is ideally positioned for most types of cannabis tenants and is currently built out for Cannabis Distribution and Manufacturing. The completed space allows for operators to either purchase the current licensing (Cultivation, Distribution & Manufacturing), move or apply for their own licensing (Distribution Manufacturing, Nursery and/or Delivery) and be up and running with greater ease. This facility provides a rare opportunity to lease a facility with ample power, substantial existing improvements completed plans, and strategically located amongst a robust cannabis market in South East Los Angeles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6007-009-027
Land Assessment
£771,882
Improvements Assessment
£681,071
Total Assessment
£1,452,953

zoning

Zoning Code MR2 (Restricted Light Industrial use)
MR2 (Restricted Light Industrial use)
  • Listing ID: 33869897

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 806-816 E 61st St, Los Angeles, CA 90001

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