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    806 E 61St St Los Angeles, CA 90001

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    For Sale
    Contact for pricing

    Energized property with licenses for cultivation, manufacturing, and distribution.

    Property size:
    19,621 SF

    Property Features for 806 E 61St St

    General Information

    Size
    19,621 SF

    Building Details

    Year built
    1941

    Source: Christie Abbott Agent Christie Abbott

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

    Overview

    Los Angeles Cultivation, Manufacturing, Distribution

    This property on E. 61st Street is fully built-out for distribution and has pending improvements for cultivation, with plans that allow for a mix of two and three-tier rooms for flowering and veg. The current configuration allows flexibility for expanding cultivation footprint, manufacturing and distribution, or adding a new delivery hub. Originally built in the 1930s, most of the existing improvements were completed over the last 5 years. The property features HVAC throughout one of the buildings, 20 ft clear height in the main building, ground-level doors, brick and masonry construction, and generous parking for the area. The property currently offers licensing for cultivation (and/or nursery), manufacturing, and distribution, allowing an operator speed to market with an existing foundation of partial improvements and regulatory compliance. The property size is 19621 square feet.
    Insight Report 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?
    Distribution property - Energized property with licenses for cultivation, manufacturing, and distribution.
    Where is this distribution property located?
    The property is located at 806 E 61St St Los Angeles, CA.
    What are key features of this property?
    This property features: - Licensed for Cultivation, Manufacturing, and Distribution, offering speed to market.; - Fully built-out for Distribution and pending improvements for Cultivation with plans for two and three tier rooms.; - Flexible configuration suitable for cultivation, manufacturing, distribution, or delivery hub.
    (310) 899-2723
    Request Owner's contact information
    806 E 61St St Los Angeles, CA 90001
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    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 E 61St St Los Angeles, CA 90001
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