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DCR-Approved Cannabis Retail Opportunity | 467 S. La Brea Ave | For Lease or Sale

467 South La Brea Avenue, Los Angeles, CA, USA
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Real Estate | Cannabis Use Spaces For Sale

Listing ID : 2462474

Listed On May 28, 2026 View Count 1295

Listing Updated May 28, 2026

Price :
$3,950,000
Business Overview :
Business Location Details :
Property Details :
Terms :
Financing:
Cash, SBA, Seller Financing, Lender Pre-Qualified
NDA Required:
No
Broker Co-Op:
Yes
Reason for Selling:
Repositioning
Company Overview :
Franchise Overview :
Description :

PRIME CANNABIS RETAIL OPPORTUNITY – PRIME CORNER OF LA BREA AVE & 6TH ST

Rare opportunity to acquire or lease a high-profile retail property located on the prime corner of La Brea Avenue and 6th Street in the heart of Los Angeles’ rapidly evolving Mid-City corridor — just one block north of Wilshire Blvd and the newly opened Metro Purple (D) Line extension.

The property benefits from exceptional visibility, frontage, and exposure with approximately 75,000 vehicles per day (VPD) traveling through the intersection, making it one of the most heavily trafficked retail corridors in the area.

The site offers approximately 5,250 SF across multiple retail units (A, B & C) and is ideally suited for a flagship cannabis retail / dispensary operator, delivery hub, or vertically integrated cannabis concept.

Significant cannabis entitlement history adds substantial value to the opportunity:

The corner unit A was previously approved through the Los Angeles Department of Cannabis Regulation (DCR)
Prior Social Equity partner/operator approval tied to the site
Another prior tenant also approved with a paper cannabis license
Located within compliant cannabis zoning
This history may help streamline the due diligence and entitlement process for qualified operators.

The property sits within one of Los Angeles’ strongest growth corridors, surrounded by dense residential neighborhoods, national retailers, restaurants, creative office users, and ongoing transit-oriented development driven by the Metro D Line expansion.

Highlights Include:

Prime corner location on La Brea Ave
Approximately 75,000 VPD exposure
Just north of Wilshire Blvd
Near newly opened Metro Purple (D) Line station just a block south of the site
Existing cannabis-use approval history
Excellent frontage and signage potential
Multiple unit configurations available
Ideal for dispensary, delivery with separate egress by the alley, flagship retail, or mixed cannabis operation

Available for lease or sale

Ownership is motivated and open to discussing flexible structures for qualified operators, investors, and cannabis users.

Serious inquiries only.

Contact Listing Owner

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