This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
1665 Cota Avenue, Long Beach, CA 90813
$1,550,000
1665 Cota Avenue, Long Beach, CA 90813View this property at 1665 Cota Avenue, Long Beach, CA 90813
1665 Cota AvenueLong BeachCA90813
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
Fully licensed and in operation Type-6 cannabis manufacturing and distribution. This sale offers the opportunity to purchase a licensed cannabis manufacturing and distribution facility in Long Beach, California. The property is currently operational, and an operator will be able to start production immediately upon transfer. RECENTTLY PASSED THE ANNUAL D.C.C. INPSECTION WITH ZERO CORRECTIONS! Seller financing may be available depending on the offer. The subject property comes with a 1% tax basis. Located at 1665 Cota Avenue has a state of California Adult-Use and Medicinal annual Type 6 Manufacturing license as well as a Type 11 Distribution license. Whether you have an established operation or a startup company, this facility offers a turnkey solution for operating in the Southern California market. The City of Long Beach offers a desirable location for operating a cannabis business. The city is geographically positioned central to Los Angeles and Orange Counties. Drivetime to anywhere in the two counties is typically one hour or less. The facility consists of a 2,500 square foot structure on a 3,291 square foot lot. The building is configured with numerous utility rooms, and an ADA restroom, providing a functional space of operation. The property is licensed with a limited Type 6 Manufacturing License and a Type 11 Distribution License. The Type 6 Manufacturing License permits for extraction with non-volatile solvents, manufacturing operations, including formulation, pen filling, joint rolling and more. The permitted operations under the license can be expanded upon. Current ownership has architectural plans for building out a type 7 extraction with volatile solvents. The Type 11 Distribution License allows for transport of products. The site is located at 16th and Cota Street in West Long Beach. For out of state operators, this facility offers a turnkey expansion opportunity into the California market. The property provides for a functional manufacturing facility and a secure distribution hub. On-site parking at 1.2/1000 SF. The property provides a reasonably-priced opportunity to start operations immediately, and the ability to expand the operations if/when desired. Currently rented for $7500/month. Licenses available but sold separately from real estate. The business itself is not for sale.
Full Property Details
Full Property Details for 1665 Cota Ave
General
- Price: $1,550,000
- Status: Active
- Type: Warehouse
- MLS ID: PW24002185
- Updated: 3/22/2024
- Days on Market: 134 days
- Added to Site: 134 day(s) ago
Business
- Business Type: Distribution, Manufacturing
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Santa Fe and PCH: Head South on Santa Fe, West (R) on Cota
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Building Size: 2500
- Square Feet: 2,500
- Year Built: 1987
- Year Built Source: Seller
Lot Features
- Lot Size (Acres): 0.0756
- Useable Acres: .0756
- Lot Size (Sq. Ft.): 3,292
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $620
Disclosures and Reports
- Buyer’s Brokerage Compensation: 5%
- Investment: Yes
- Property ID: 7432001022
Listed by Bret Lewis, Broker, BretLewis
Get Pre-Approved Today
Schools
Schools serving 1665 Cota Ave
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2335 Webster Ave, Long Beach, CA 90810 | PK-5 | 0.8 mi | |
1830 W Columbia St, Long Beach, CA 90810 | 6-8 | 1.5 mi | |
2001 Santa Fe Ave, Long Beach, CA 90810 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1665 Cota Ave
Date
Details
Price
Change
Source
2/20/2024
Price Increased
$1,550,000
82.57%
MLS
1/04/2024
Listed
$849,000
13.2%
MLS
10/17/2017
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1665 Cota Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,492
7%
$884,563
2%
2022
$10,786
2%
$867,220
2%
2021
$10,573
—
$850,217
9%
2020
$10,545
9%
$780,300
2%
2019
$9,696
3%
$765,000
2%
2018
$9,412
312%
$750,000
374%
2017
$2,282
8%
$158,198
2%
2016
$2,108
4%
$155,097
2%
2015
$2,030
1%
$152,769
2%
2014
$2,016
3%
$149,778
—
2013
$1,958
—
$149,102
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1665 Cota Ave
1665 Cota Avenue, Long Beach, CA 90813 (MLS# PW24002185) is a Warehouse property. 1665 Cota Avenue is currently listed for $1,550,000 and was received on January 04, 2024. Want to learn more about 1665 Cota Avenue? Do you have questions about finding other Warehouse real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.