Property Description

Sale Details:

Status: Closed
M&A: No
Deal Type: Real Estate Sale
License: Cultivation
Building sqft: 4,000
Total Sales Value: $1,270,000
Approximate Closing Date: 3/1/2019
Represented: Seller
Listing Agent: Jason Piazza

Listing Details:

• Asking $1,475,000 (sale only)
• Images on Loopnet
• Total 3,942 SF in two mirror-image buildings
• Sold as portfolio: two buildings on a 10k SF, gated and secured lot.
• Two power supplies: one for each building
  • one supply has 400 amps service (to be verified)
• M2M tenant
  • DO NOT DISTURB TENANT OR WALK ONTO PROPERTY WITHOUT A
    SCHEDULED APPT.
•  Details:
  • Perfect Phase 2 property for Los Angeles cannabis licensing. Phase 2 will open up soon. Get this property now to be ready to license your cannabis business in
    2018.
  • The property is zoned for all cannabis uses in the City of Los Angeles with the
    exception of a dispensary. With two addresses, nearly 2k SF in each building,
    and common area parking between the assets, a cannabis business can enjoy
    several licenses with adequate room to park their employee and/or delivery
    vehicles: delivery, manufacturing, distribution, testing, micro-biz w/o retail.
  • Call for more details or to tour