5301 Tujunga Ave Los Angeles, CA 91601
- Commercial real estate
Current Use by Public Records
- Mid Town North Hollywood Neighborhood Council / Government Office
- LETTUCE FEAST / Vegan Restaurant
Property Details for 5301 Tujunga Ave
- Property type
- Commercial real estate
Description
Prime opportunity to acquire a transferable Type N (Adult-Use and Medicinal Cannabis) Manufacturing license in Los Angeles County, CA. This provisional license is currently not operational and requires relocation to a suitable facility. The asking price is $75,000, with the seller open to offers. This presents a unique chance to establish a cannabis manufacturing business in a prime Los Angeles market without the liabilities of a pre-existing operation. The buyer will have complete control over facility design and build-out, creating a customized operation from the ground up. This license-only acquisition offers significant advantages, including avoiding any potential tax liabilities from previous operations. The license provides immediate entry into the lucrative Los Angeles cannabis market, known for its significant growth potential. Interested parties must sign a non-disclosure agreement (NDA) and provide proof of financials before receiving further details, including the current location of the license. This is a rare opportunity to capitalize on the thriving California cannabis industry. The license is fully transferable, allowing the new owner complete flexibility in choosing a location that best suits their business needs. This represents a valuable asset and a strong foundation for building a successful cannabis manufacturing enterprise.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.38
- Latitude
- 34.1669
