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    806-816 61St St Los Angeles, CA 90001
    Property profile & analytics

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

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    • Land
    • 19,813 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 806-816 61St St

    Year built
    1930
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional Los Angeles industrial property, located at 806-816 E 61st St, offers 19,813 square feet on a 35,525 square foot lot. Built in the 1930s with significant improvements completed within the last five years, this property boasts a versatile layout suitable for distribution, agricultural, or manufacturing uses. The building features approximately 20-foot clear height ceilings in the main structure, ground-level doors, and HVAC throughout one building. The property includes 15 parking spaces, exceeding typical availability for the area, and benefits from a parking entitlement waiver. The existing infrastructure is fully built-out for cannabis distribution and/or manufacturing, with expansion potential. Current licensing permits cultivation, distribution, and manufacturing, offering a significant advantage for a quick market entry. The property also features heavy power (1600a 480v & 800a 240v 3-phase), a new fire monitoring system approved by LAFD and LADBS, and a convenient raised-level dock for efficient loading of distribution vehicles. Architectural, structural engineering, seismic, and retrofitting designs are complete and ready for submission. The property is zoned M2 and is available for lease or purchase. This property presents a unique opportunity for businesses seeking a fully functional and compliant space in a revitalized Los Angeles location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.261
    Latitude
    33.9841
    More about this property
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