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Property profile & analytics
OFF-MARKET
Land

806-816 61St St Los Angeles, CA 90001

19,813 SF Built 1930
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1930
Total area 19,813 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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