$2,200,000
$2,249,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
14715 Blythe St Panorama City, CA 91402
0.31 Acres Lot
Key Details
Sold Price $2,200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21-727360
Sold Date 06/15/21
Lot Size 0.310 Acres
Acres 0.31
Property Description
Unique shovel-ready, T.O.C. Tier 1 development opportunity with ready-to-issue permits at 14715 Blythe Street in Panorama City. Situated in an Opportunity Zone, this project provides reduced capital gains (10% within 5 years and 15% within 7 years) and zero capital gains within 10 years. A variety of attractive financing options are available, with as much as 70% loan-to-cost in the 4-4.25% interest rate range. There are additional selling points to this property, including but not limited to the following: zero tenant relocation fees, zero demolition fees or costs, property is located near a myriad of exciting retail destination developments, reduced hard cost due to on-grade parking and accessibility of utilities, no highway dedication, increased F.A.R. of 4.2:1, and a well-amenitized project including 4,287 roof deck, to name a few.
Location
State CA
County Los Angeles
Area Panorama City
Zoning LAR3
Exterior
Waterfront Description None
View Y/N No
View None
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Beverly and Company, Inc.


