




700 Lookout Dr, Los Angeles, CA 90012
Prime Development Opportunity with Panoramic DTLA Views. Don’t miss this rare chance to build in the heart of Los Angeles—nestled just below Dodger Stadium and above vibrant Chinatown, with sweeping views of the Downtown LA skyline. The lot slopes down to Bernard Street, with a bridge at the base offering direct access to Chinatown and the Railway Station. This rapidly transforming neighborhood is experiencing continued growth and gentrification, fueled by the arrival of trendy restaurants, entertainment venues, and cultural landmarks. Nearby attractions include the LA Opera, Disney Concert Hall, Dorothy Chandler Pavilion, Little Tokyo, and more. With excellent freeway and public transit access, residents will enjoy unparalleled connectivity to the best of LA. Development potential is significant,zoned for up to 12 units, with the added advantage of a TOC Tier 3 designation, which may allow up to 23 units with reduced parking requirements (buyer to verify). This makes the site an exceptional value-add opportunity for investors and developers looking to capture lucrative returns in one of LA’s most dynamic submarkets. Buyer to verify all information regarding zoning, square footage, utilities, and development potential by contacting the City of Los Angeles.
Lot Size
9,746 sqft
Days on Market
183
HOA Fee
N/A
MLS #
SR25186872
Lot Features
Walkstreet
Water Source
Public
Curbs, Street Lights, Urban
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
Topfind Realty, DRE # 02240815, is a licensed real estate broker in California. Topfind Realty pledges to support the Fair Housing Act and adhere to Equal Housing Opportunity laws.
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