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Cannabis Lounge with Onsite Sales
For Sale
Contact for pricing
Pending

7740 Santa Monica Blvd, West Hollywood, CA 90046

Approved permitting supports edible and smoking lounge uses alongside onsite cannabis sales.

Property SizeContact for details
Days on Market143

Property Features for 7740 Santa Monica Blvd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: WeCannCa, Inc
Listed By: Meilad Rafiei · License #Ca 01788589
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WeCannCa, Inc

Investment Insights

Based on property information with market context.

The offering consists of leased premises in a two-story retail building totaling approximately 2,500 SF. The approved permit allows an edible lounge, smoking lounge, and onsite sales. Business Commission approval has been secured, and the permit may be relocated or amended to accommodate a revised business concept. The lease has also been renegotiated, creating a path toward operational status, subject to required refurbishment and tenant improvements.

The property is located at 7740 Santa Monica Blvd near Fairfax Ave in West Hollywood, on a tree-lined commercial stretch with reported visibility to 24,000 cars per day. The surrounding area includes eateries, salons, bars, offices, and art studios, along with a popular LGBTQ movie theater and a newly constructed 540,000 SF film studio. Limited rear parking is supplemented by nearby street parking and private lots.

Key Highlights

  • Rights to 1 of 15 West Hollywood cannabis lounge permits
  • Business Commission approval secured for the permit
  • Approved uses include edible lounge, smoking lounge, and onsite sales

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Approved permitting supports edible and smoking lounge uses alongside onsite cannabis sales.
Where is this cannabis property located?
The property is located at 7740 Santa Monica Blvd West Hollywood, CA.
What are key features of this property?
This property features: Rights to 1 of 15 West Hollywood cannabis lounge permits; Business Commission approval secured for the permit; Approved uses include edible lounge, smoking lounge, and onsite sales
(714) 393-3077 Call to check price and availability
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