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Vacant-User

2193 E 14th Street

2193 E 14th Street, Los Angeles, CA 90021

Listing Price: $3,195,000

Cap Rate
5.52%
Lot Size
0.14 acres
Year Built
1947
Rentable SF
8,395

Investment Overview

Marcus and Millichap is pleased to exclusively present 2193 East 14th Street, Los Angeles, CA. This dynamic industrial warehouse has been extensively renovated to accommodate cannabis uses: Type 6 Manufacturer and Type 11 Distribution licenses are available with no Social Equity requirement after March 31, 2022. Buyer to independently verify. The one-story warehouse was originally built in 1947 and contains approximately 8,200 square feet including a large mezzanine and features 12 ft clearance height, heavy power supply with 400amps/240-480volts, two roll-up doors for convenient loading, security gates, and a secure metal storage cage. The 0.14 acre lot is zoned LAM3 (Heavy Manufacturing) and is strategically located within a Qualified Opportunity Zone. 2193 East 14th Street is just blocks from the rapidly expanding Arts District and LA's infamous Fashion District. Abundant street parking is available and the site enjoys convenient access to the 5, 10, 60, 101, and 110 Freeways. Public transportation services are readily accessible. This is an extremely rare opportunity for an owner-user or investor to acquire a turn-key cannabis property in the heart of Downtown Los Angeles, a neighborhood undergoing explosive growth with over $3 Billion in ongoing construction projects according to a report from the DCBID.

Investment Highlights

  • Fully Renovated Owner-User Warehouse in Downtown Los Angeles
  • Type 6 (Manufacturer) and Type 11 (Distribution) Cannabis Licenses Available
  • Approximately 8,395 Square Feet including Mezzanine
  • 0.14 Acre Lot in Qualified Opportunity Zone with LAM3 Zoning (Heavy Manufacturing)

Exclusively Listed By

Financing By

Vacant-User

2193 E 14th Street

Listing Price: $3,195,000

Cap Rate
5.52%
Lot Size
0.14 acres
Year Built
1947
Rentable SF
8,395

Investment Highlights

  • Fully Renovated Owner-User Warehouse in Downtown Los Angeles
  • Type 6 (Manufacturer) and Type 11 (Distribution) Cannabis Licenses Available
  • Approximately 8,395 Square Feet including Mezzanine
  • 0.14 Acre Lot in Qualified Opportunity Zone with LAM3 Zoning (Heavy Manufacturing)

Investment Overview

Marcus and Millichap is pleased to exclusively present 2193 East 14th Street, Los Angeles, CA. This dynamic industrial warehouse has been extensively renovated to accommodate cannabis uses: Type 6 Manufacturer and Type 11 Distribution licenses are available with no Social Equity requirement after March 31, 2022. Buyer to independently verify. The one-story warehouse was originally built in 1947 and contains approximately 8,200 square feet including a large mezzanine and features 12 ft clearance height, heavy power supply with 400amps/240-480volts, two roll-up doors for convenient loading, security gates, and a secure metal storage cage. The 0.14 acre lot is zoned LAM3 (Heavy Manufacturing) and is strategically located within a Qualified Opportunity Zone. 2193 East 14th Street is just blocks from the rapidly expanding Arts District and LA's infamous Fashion District. Abundant street parking is available and the site enjoys convenient access to the 5, 10, 60, 101, and 110 Freeways. Public transportation services are readily accessible. This is an extremely rare opportunity for an owner-user or investor to acquire a turn-key cannabis property in the heart of Downtown Los Angeles, a neighborhood undergoing explosive growth with over $3 Billion in ongoing construction projects according to a report from the DCBID.

Exclusively Listed By

Financing By

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