11737 Wicks StLos Angeles, CA 91352

Property Details for 11737 Wicks St

Year built

1954

Lot size

1.48 AC

Property size (Sq ft)

18,500 SF

Zone code

LAM3

Property type

Manufacturing properties

APN

2538-003-010

APU

2538003010

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $6,129,808

  Hospitality

  $5,614,871

  Educational

  $4,671,507

  Medical

  $4,832,167

  Retail

  $7,266,788

Location Insight

City

Sun Valley

County

Los Angeles

State

California

Latitude

34.2409

Longitude

-118.388

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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