Address
14715 Blythe Street Panorama City, CA
Price
$ 2,249,000
Property Attributes
  • MLS#21727360
  • TypeLand
  • CountyLOS ANGELES
  • CityPanorama City
  • AreaPanorama City
  • Zip91402
  • Style
  • Price$ 2,249,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
Darin Spillman with Hudson Commercial Partners, Inc..
Data Source:
CRMLS
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.

Price History
5/4/2021 Listed $2,249,000

General Features

Co-Listing Agent State License # 01954238
Listing Agent Darin Spillman - BRE#01366902
Listing Agent State License 01366902
MLS Area PC - Panorama City
Property Type Land
Special Listing Conditions Standard
Status Active
Topography Level
View None
Zoning LAR3

Exterior Features

Lot Dimensions 135x100
Lot Features Flat
Lot Size Acres 0.31
Lot Size Area 13505
Lot Size Source Assessor
Lot Size Square Feet 13505
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 91402

Price
AVG $770K
$2.25M
Visits
AVG 28
20
Walkscore
AVG 73
73
Data Provided by Walkscore ® not using MLS data

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