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    806-816 E 61St St Los Angeles, CA 90001

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    For Sale
    $3,995,000

    Versatile industrial building suitable for distribution or manufacturing, cannabis-ready.

    Property size:
    20,802 SF
    Lot size:
    0.82 Acres

    Property Features for 806-816 E 61St St

    General Information

    Size
    20,802 SF
    Lot size
    0.82 Acres

    Source: Lee & Associates - Torrance Agent Trauger Ralston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Cannabis Potential

    This industrial property offers flexibility for various users. The main building features a 20-foot clear height. It has 2,200 Amps of power and includes both dock-high and ground-level access. Constructed with brick and masonry, the property provides generous parking. It is partially built-out for cannabis distribution and manufacturing, with potential expansion for cultivation, subject to licensure. The property size is 20,802 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.26099
    Latitude
    33.98431

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    FAQs

    What type of property is this?
    Manufacturing property - Versatile industrial building suitable for distribution or manufacturing, cannabis-ready.
    Where is this manufacturing property located?
    The property is located at 806-816 E 61St St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - Partially built-out for cannabis distribution/MFG with expansion for cultivation (licensure available); - 20’ clear height in main bldg; - 2,200 amps power
    (310) 768-8800
    Request Owner's contact information
    806-816 E 61St St Los Angeles, CA 90001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    806-816 E 61St St Los Angeles, CA 90001
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