700 Alameda StLos Angeles, CA 90012

Property Details for 700 Alameda St

Year built

1998

Construction

STEEL FRAME

Lot size

4.26 AC

Property size (Sq ft)

535,000 SF

Zone code

LAADP

Property type

Office properties

Property subtype

Office buildings

APN

5409-023-930

APU

5409023930

Description

This exceptional opportunity presents a fully licensed and built-out 4,000 sq ft cannabis manufacturing and distribution business in Los Angeles, CA. Located at 700 Alameda St, Los Angeles, CA 90012, this Social Equity licensed facility boasts state-of-the-art equipment for edibles and rosin production. The $449,000 asking price includes all assets, licenses, equipment, and tenant improvements, offering a turnkey solution. The 12-foot ceilings, four roll-up gates, storage mezzanine, cold room, freezer, and existing security system enhance operational efficiency. The current lease runs until March 2025, with the landlord open to a long-term agreement. Monthly rent is $11,000. The business holds both a provisional distributor and a provisional manufacturer Type 6 license. The seller is open to offers and will consider a $200,000 down payment. This represents a rare chance to enter or expand within the lucrative Los Angeles cannabis market, leveraging its prime location and established operations. The owner will retain the brand, allowing buyers to establish a new brand or integrate the facility into an existing portfolio. This is a fully operational business ready for immediate revenue generation. Serious inquiries only. Proof of financials and a signed NDA/Waiver are required before further details are disclosed.

• CAP approach

  CAP return

  Valuation

  6%

  $157,802,096

  6.5%

  $145,663,472

  7%

  $135,258,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $101,735,600

  Geo Method

  $101,735,600

• Alternative Use

  Use

  Valuation

  Residential

  $180,622,720

  Hospitality

  $165,449,440

  Educational

  $137,651,984

  Medical

  $142,386,048

  Retail

  $214,125,312

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0549

Longitude

-118.236

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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