11737 Wicks St Sun Valley, CA 91352-1518
- Manufacturing properties
- 18,500 SF
- 1.48 lot acres
Aug 12, 2024
Current Use by Public Records
- Manufacturing properties
Property Details for 11737 Wicks St
- Year built
- 1954
- Lot size
- 1.48 lot acres
- Property size
- 18,500 SF
- Zone code
- LAM3
- Property type
- Manufacturing properties
- APN
- 2538-003-010
- APU
- 2538003010
Description
This turnkey cannabis operation in Sun Valley, CA, presents a rare opportunity to acquire a fully licensed and operational Type 11 distribution and Type 6 (non-volatile extraction) manufacturing facility. Located within Los Angeles/DCR jurisdiction, this 10,000 square foot industrial building offers a strategic advantage for efficient distribution throughout Los Angeles and surrounding areas. The property boasts a secure, discreet location, ideal for this specialized industry. The current owner, operating at limited capacity, ensures a smooth transition for the buyer. The sale includes a 5-year lease with 4 years remaining, offering potential for lease extension. The property features a new roof, a new multi-zone HVAC system, and ample three-phase power (400 amps). With 5 parking spaces and no debt tied to the license or entity, this is a fully compliant, established business ready for immediate operation. The asking price is $395,000, with a current rent of $7,500 per month ($0.75/sq ft). This represents a significant opportunity for immediate revenue generation in the thriving California cannabis market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $355,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $569,000
Market price range: $540k - $2.26M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sun Valley
- County
- Los Angeles
- State
- California
- Longitude
- -118.388
- Latitude
- 34.2409
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
