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615 E 61st St
Los Angeles, CA 90001
Cannabis Campus - Manufacturing/Distribution · Property For Lease

HIGHLIGHTS

  • Only Available for Cannabis Manufacturing and Distribution Purposes - (All Cultivation Space Leased)
  • Zoned M2
  • Located in State and Federal enterprise zone.
  • Extensive capital improvements, recent clean phase 1.
  • Full commissary with indoor and outdoor seating. Beautiful hard wood floors in main building.

PROPERTY OVERVIEW

Marcus & Millichap is pleased to present 615-633 E 61st Street, in the Goodyear Tract Neighborhood of South Downtown Los Angeles. This 59,500 square foot Office and Industrial Warehouse building is located at the corner of Avalon and 61st Street and boasts a large gated parking lot holding 81 spaces; including 3 handicap, 3 covered, and 13 tandem spaces. This one of a kind building is currently 22% occupied and offers a great opportunity for a multitude of cannabis manufacturers and distributors to occupy the remaining space. Being located within a Stare Enterprise and Federal Opportunity Zones, the property’s parking requirements are reduced to 2/1,000 square feet, therefore offering the opportunity to house a multitude of uses with appropriate parking. The building boasts beautiful hard wood floors throughout the second and third floor, along with large windows allowing for ample natural light. Owner has recently made improvements to many aspects including but not limited to, newly remodeled ADA compliant restrooms, new landscaping, ground level exterior paint, refurbishing or replacing the windows where necessary. Additionally, there are three (3), loading doors, and one, double interior truck well. The building is also equipped with a large 5,000 lbs. cargo/freight elevator, a fully renovated commissary kitchen/dining space, and expansive open warehouse floor plans. The secured parking lot has been resurfaced with new asphalt and striped, and the exterior ground floor has been repainted. Furthermore, the roof of the building has been reconditioned and sealed with a white Amerolastic reflective coating.

PROPERTY FACTS

Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Rentable Building Area 59,689 SF
Year Built 1927

FEATURES AND AMENITIES

  • Fenced Lot
  • Security System
  • Listing ID: 18342595

  • Date on Market: 1/29/2020

  • Last Updated:

  • Address: 615 E 61st St, Los Angeles, CA 90001

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