For Sale
$75,000

5301 Tujunga Ave Los Angeles, CA 91601

Type N License, $75k, Relocatable.

Overview

Added:
Dec 11, 2024
Days on market:
127
Prime opportunity to acquire a transferable Type N (Adult-Use and Medicinal Cannabis) Manufacturing license in Los Angeles County, CA. This provisional license is currently not operational and requires relocation to a suitable facility. The asking price is $75,000, with the seller open to offers. This presents a unique chance to establish a cannabis manufacturing business in a prime Los Angeles market without the liabilities of a pre-existing operation. The buyer will have complete control over facility design and build-out, creating a customized operation from the ground up. This license-only acquisition offers significant advantages, including avoiding any potential tax liabilities from previous operations. The license provides immediate entry into the lucrative Los Angeles cannabis market, known for its significant growth potential. Interested parties must sign a non-disclosure agreement (NDA) and provide proof of financials before receiving further details, including the current location of the license. This is a rare opportunity to capitalize on the thriving California cannabis industry. The license is fully transferable, allowing the new owner complete flexibility in choosing a location that best suits their business needs. This represents a valuable asset and a strong foundation for building a successful cannabis manufacturing enterprise.

Highlights

  • Asking Price: $75,000 (Seller open to offers).
  • Type N Adult-Use and Medicinal Cannabis Manufacturing License (Provisional).
  • License requires relocation; business is currently non-operational.
  • Located in Los Angeles, CA (91601).
  • Requires signing of NDA/Waiver and proof of financials before further details are disclosed.

Property Details for 5301 Tujunga Ave

Property type
Commercial real estate

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1669244
Longitude
-118.3796717
5301 Tujunga Ave, Los Angeles, California

FAQs

What type of property is this?
Commercial real estate - Type N License, $75k, Relocatable.
Where is the commercial real estate located?
The property is located at 5301 Tujunga Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Asking Price: $75,000 (Seller open to offers).; Type N Adult-Use and Medicinal Cannabis Manufacturing License (Provisional).; License requires relocation; business is currently non-operational.
How can I contact the broker?
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5301 Tujunga Ave
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