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$329,999
Est. payment /mo
9,853 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25232894
HOA Y/N No
Lot Size 9,853 Sqft
Property Description
OPPORTUNITY ZONE INVESTMENT | POTENTIAL CAPITAL GAINS TAX BENEFITS | SPECTACULAR DTLA SKYLINE VIEWS
Located within a designated Opportunity Zone, this exceptional property may offer attractive tax advantages for qualifying investors, including potential capital gains tax benefits, subject to applicable regulations and eligibility requirements.
Thomas Street offers arguably some of the most breathtaking, unobstructed panoramic views of Downtown Los Angeles. This exceptionally rare opportunity features an assemblage totaling approximately 9,854 sq. ft. along one of the area's premier DTLA-view streets.
The sale includes APN 5208-015-033. Valuable development-related reports, including a land survey, slope band analysis, and civil and structural engineering reports, are available for review upon opening escrow with a committed buyer—potentially saving significant time and resources during the development process.
Enjoy spectacular skyline vistas with convenient access to Dodger Stadium, Chinatown, Lincoln Heights, Highland Park, and El Sereno.
Whether you envision a luxurious custom residence or a strategic development investment, this property offers a rare opportunity to capitalize on an extraordinary location with exceptional views and exciting potential.
Buyer to independently verify property boundaries, lot size, zoning, development feasibility, Opportunity Zone designation and tax eligibility. Colored boundary lines are approximate and for illustrative purposes only.
Located within a designated Opportunity Zone, this exceptional property may offer attractive tax advantages for qualifying investors, including potential capital gains tax benefits, subject to applicable regulations and eligibility requirements.
Thomas Street offers arguably some of the most breathtaking, unobstructed panoramic views of Downtown Los Angeles. This exceptionally rare opportunity features an assemblage totaling approximately 9,854 sq. ft. along one of the area's premier DTLA-view streets.
The sale includes APN 5208-015-033. Valuable development-related reports, including a land survey, slope band analysis, and civil and structural engineering reports, are available for review upon opening escrow with a committed buyer—potentially saving significant time and resources during the development process.
Enjoy spectacular skyline vistas with convenient access to Dodger Stadium, Chinatown, Lincoln Heights, Highland Park, and El Sereno.
Whether you envision a luxurious custom residence or a strategic development investment, this property offers a rare opportunity to capitalize on an extraordinary location with exceptional views and exciting potential.
Buyer to independently verify property boundaries, lot size, zoning, development feasibility, Opportunity Zone designation and tax eligibility. Colored boundary lines are approximate and for illustrative purposes only.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAR1
Interior
Fireplace No
Exterior
Community Features Biking
Utilities Available Water Not Available
View Y/N Yes
View City Lights, Panoramic
Building
Lot Description 0-1 Unit/Acre
Water None
New Construction No
Others
Senior Community No
Tax ID 5208015021
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Chase Zhao IRN Realty 626-818-0718, DRE #02008827
NEARBY SCHOOL & BUSINESS
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