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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)
Proof of funds required to tour property
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.
Phone: (866) 810-2022
Miklos Campuzano – Cannabis Real Estate Consultants – DRE# 02072292
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