5905 Wilshire Blvd Los Angeles, CA 90036
- Retail properties
Current Use by Public Records
- Public Art Urban Light / Cultural Landmark / Sculpture
- Public Art Levitated Mass / Cultural Landmark / Art
- FastFixLA / Contractor
- PowerFlex Charging Station / Electric Vehicle Charging Station
- Jeep Dealer / Motor Vehicle Dealer
Property Details for 5905 Wilshire Blvd
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This established Los Angeles cannabis dispensary presents a unique investment opportunity. Boasting $2.5M in 2023 gross revenue and on track for $2.6M in 2024, this business offers significant earning potential. The 1,000 sq ft dispensary space is part of a larger 3,000 sq ft building, providing room for expansion. The current monthly rent is $12,000, with lease terms negotiable. Four on-site parking spaces and ample off-street parking are available. The sale includes the existing business assets, fixtures, and client base. Eight employees are willing to transfer under new ownership, and the seller will provide 30 days of training. The original license holder, operating for 18 years, is offering this debt-free business with no liabilities. The asking price for this turnkey operation is $1,250,000 (seller open to offers). A non-disclosure agreement and proof of financials are required before further details are released. The location is in Los Angeles County, CA, zip code 90036, at 5905 Wilshire Blvd. The license covers retail storefront sales of cannabis and related products.
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
- -118.359
- Latitude
- 34.0638
