14715 Blythe Street, Panorama City, CA 91402
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Sold Price :
$2,200,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
14715 Blythe Street |
City |
Panorama City |
State |
CA |
Zip |
91402 |
County |
Los Angeles |
Listing Agent |
Darin Spillman DRE #01366902 |
Co-Listing Agent |
Jay Martinez DRE #01954238 |
Courtesy Of |
Hudson Commercial Partners, Inc. |
Close Price |
$2,200,000 |
Status |
Closed |
Type |
Land |
Structure Size |
N/A |
Lot Size |
13,505 |
Listing information courtesy of: Darin Spillman, Jay Martinez, Hudson Commercial Partners, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 21st, 2021 at 12:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.