Property Detail

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 buyerpotentially 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.