2701 N Thomas, Los Angeles, CA 90031

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List Price
$329,999
Price Change
▼ $20,000 1791854014
Status
ACTIVE
MLS#
AR25232894
Lot Size
9,854
Acres
0.23
Lot Location
0-1 Unit/Acre
Days on Market
44
Property Type
Land

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.

Additional Information

View
City Lights, Panoramic
Water
None
Attached Structure
Detached

Listing courtesy of Listing Agent: Chase Zhao (zhao.chase0718@gmail.com) from Listing Office: IRN Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.