1 /
3
Map
$3,204,030*
●
Land -
Off Market
14721 Blythe Street
Panorama City, CA 91402
Studio
0 Bath
$1,980,000 - $2,418,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Located on Blythe Street in the ever improving Panorama City
portion of the San Fernando Valley, this development opportunity
stands as a cost-effective construction project for those looking
to capture the tax saving benefits of the Qualified Opportunity
Zone program. With the project serving as a Type-V construction 26
unit apartment complex with on-grade parking, the development will
be delivered ready-to-issue at the Close of Escrow. With easy
access to the approved Van Nuys BoulevardLight Rail (estimated
completion of construction in 2027), a builder will have the
opportunity to hold and cash-flow the investment per the QOZ
guidelines or sell the project to a buyer looking for new
construction product. With an ever increasing push for expanded
California rent control laws, the asset will prove a desirable
investment for buyers looking for less government restriction on
their management practices. Along with the development's location
near the future Van Nuys Boulevard Light Rail Line, the property is
within close proximity to Walmart, Home Depot, Ross Dress for Less,
Smart & Final, PetSmart, Regency Theaters, and Kaiser Permanente.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1953
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 3, 2020 | No longer available | - | |
No longer available | |||
Dec 5, 2019 | Relisted | $2,199,000 | |
Relisted | |||
Nov 2, 2019 | No longer available | - | |
No longer available | |||
Sep 14, 2019 | Listed | $2,199,000 | |
Listed | |||
Feb 27, 2018 | Sold to Ofer Dayan | $620,000 | |
Sold to Ofer Dayan |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/14/2019
|
|
Studio
|
-
|
-
|
$2,199,000
Studio
-
|
-
-
|
-
|
-
|