For Sale
$395,000

11737 Wicks StLos Angeles, CA 91352

Established LA Cannabis Facility, $395K

Overview

Added:
Dec 11, 2024
Days on market:
114
This turnkey cannabis operation in Sun Valley, CA, presents a rare opportunity to acquire a fully licensed and operational Type 11 distribution and Type 6 (non-volatile extraction) manufacturing facility. Located within Los Angeles/DCR jurisdiction, this 10,000 square foot industrial building offers a strategic advantage for efficient distribution throughout Los Angeles and surrounding areas. The property boasts a secure, discreet location, ideal for this specialized industry. The current owner, operating at limited capacity, ensures a smooth transition for the buyer. The sale includes a 5-year lease with 4 years remaining, offering potential for lease extension. The property features a new roof, a new multi-zone HVAC system, and ample three-phase power (400 amps). With 5 parking spaces and no debt tied to the license or entity, this is a fully compliant, established business ready for immediate operation. The asking price is $395,000, with a current rent of $7,500 per month ($0.75/sq ft). This represents a significant opportunity for immediate revenue generation in the thriving California cannabis market.

Highlights

  • Turnkey cannabis operation with Type 11 distribution and Type 6 (non-volatile extraction) licenses.
  • Strategically located in Sun Valley, CA for efficient Los Angeles distribution.
  • Secure and discreet location.
  • No debt on license or entity; fully compliant.
  • 400-amp three-phase power in a 10,000 sq ft building.
  • $0.75/sq ft rent ($7,500/month); 4 years remaining on a 5-year lease with extension potential.

Property Details for 11737 Wicks St

Property type
Industrial properties, Manufacturing properties
Square Feet
10,000 SF
Buildings
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2408318
Longitude
-118.3886292
11737 Wicks St, Los Angeles, California

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11737 Wicks St
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