He's just passing taxiway 'P' (the black ‘P’ on a yellow sign at bottom left of the picture) after lift-off from 25R at LAX. There are 9,000 ft remaining to the threshold of 25R (the white '9' on a black sign at the bottom left of the picture).
The gear is not quite retracted, so he's probably passing about 600ft. To be that high after 9,000 ft means he may be relatively light, hence a deck angle of maybe 15 degrees. The picture was taken in August, 2004. There used to be (still is?) a VFR corridor running down the coast. Most SIDs off 25R have an initial restriction of 3000ft, so the photo aircraft was probably at 4,000ft. A good telephoto lens and perspective complete the illusion.
Any which way, it’s a great shot!