THE RACE IS ON FOR OPPORTUNITY ZONES 2.0

California communities now have an opportunity to apply for approval of eligible census tracts for the next round of federal Opportunity Zone (OZ) designations.

GO-Biz is accepting Local Authority Recommendation Forms through July 25, 2026. ACT NOW - THE DEADLINE IS APPROACHING!

Not every eligible tract will be selected. California has nearly 2,500 eligible tracts statewide, but may only nominate slightly more than 600, making a focused, well-supported local strategy essential.

Why Should Communities Pursue OZ designations?

OZs can help attract long-term private capital to priority areas by providing federal tax incentives for qualifying investments in real estate, operating businesses, infrastructure, and other community-serving projects.

Nominations should demonstrate how a tract aligns with local and regional priorities, including housing, job creation, infrastructure, business-ready sites, strategic employment sectors, committed public investment, and community partnerships.

The TIF BONUS

Existing EIFDs, CRIAs, and other TIF districts can be an added advantage as well — demonstrating a local commitment to infrastructure investment.

Kosmont Realty can assist cities and other public agencies with:

Identifying and prioritizing eligible tracts
Evaluating development, housing, infrastructure, and investment opportunities
Aligning nominations with State and regional economic development priorities
Leveraging EIFDs, CRIAs, and other public-finance tools
Preparing compelling Local Authority Recommendation Form responses

The July 25 deadline is approaching!

Contact Kosmont Realty

to discuss an OZ 2.0 strategy for your community.

Residential / Commercial Land For Sale

Hwy 395 & La Mesa Road

Victorville, CA

Kosmont Realty ("KR") and Borelli Investment Company are pleased to present a unique development opportunity in the growing City of Victorville. Located at the signalized southeast corner of U.S. Highway 395 and La Mesa Road, this ±18.57-acre site offers exceptional visibility, strong frontage, and flexible land use potential in a rapidly expanding High Desert market.

Positioned within the Mesa Verde Specific Plan, the property is currently zoned Commercial/Office and benefits from an overlay that allows for medium-density residential development at 4 to 6 units per acre. The site is well suited for a range of potential strategies, including a retail or convenience commercial pad at the corner, residential development across the balance of the site, or a mixed-use plan that captures both opportunities.

ASKING PRICE

$3,800,000

Properties For Sale

12031 Willowbrook Ave.

Los Angeles / Compton

$420,000

This property is ~0.25 acres of vacant unimproved land located near Compton in unincorporated Los Angeles County. The lot is zoned as Willowbrook TOD Specific Plan, Residential (R-3).

The site offers access to the I-105 Freeway with nearby connections to the 110, 710, and 605, and is a short drive to LAX and Long Beach Airport. It is walking distance from the Willowbrook/Rosa Parks Station and near Cal State Dominguez Hills, Compton College, community parks, the MLK Jr. Medical Campus, Charles Drew University, and nearby retail amenities.

SLA Exempt & SLA Cleared

11908 Wilmington Ave.

Los Angeles / Compton

$299,999

This property is ~0.15 acres of vacant unimproved land located near Compton in unincorporated Los Angeles County. The lot is zoned as Willowbrook TOD Specific Plan, Mixed Use (MU-1).

SLA Exempt & SLA Cleared

11709 Holmes Ave.

Los Angeles

$399,999

This property is ~0.17 acres of vacant unimproved land located near Compton in unincorporated Los Angeles County. Site is zoned as Willowbrook TOD Specific Plan, Mixed Use (MU-2).

SLA Exempt & SLA Cleared

4612 E. 3rd Street

Los Angeles

$530,000

This property is ~0.17 acres located in East Los Angeles with access to the 710 Freeway (and nearby connections to the 5, 10, and 60 freeways).

The lot is currently vacant, unimproved, and zoned as part of the East Los Angeles 3rd Street Specific Plan - Transit Oriented Development (TOD).

SLA Exempt & SLA Cleared

605 Main Street

Lone Pine (Inyo County)

This property is a highly-visible ~0.42 acre vacant lot with great residential or mixed-use development potential in the heart of the Lone Pine community in Inyo County along US-395.

Lone Pine is home to unique hospitality properties and independent restaurants serving local patrons, visitors to Mt. Whitney, and other proximate outdoor attractions.

The County desires residential use on the site as part of a stand-alone or mixed-use development.

SLA Cleared

1346 W 93rd St

Los Angeles

$650,000

This property is ~0.21 acres located in South Los Angeles near the Normandie Ave corridor.

The vacant land property has C-2 zoning; strong infill location within a dense residential and mixed-use area.

Close to schools, shopping, quick-serve dining, and public parks.

Based on previous soil environmental testing, the property has a soil vapor condition and may require a remediation plan and investment to address this condition (environmental reports available upon prospective buyer's request)

SLA Cleared

FIND US AT THESE UPCOMING EVENTS

Kosmont Realty (DRE #02058445), helps public agencies evaluate properties/projects and to comply with Surplus Land Act (SLA) rules/guidelines to successfully develop and implement preferred property retention, disposition, and/or leasing programs.