700 Lookout Dr, Los Angeles, CA 90012
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by:ravinder sood
Office:berkshire hathaway homeservices california properties
MLS#:SR25186872
Source:SANDICOR
Price summary
- Price:$799,000
About this home
Prime Development Opportunity with Panoramic DTLA Views. Dont miss this rare chance to build in the heart of Los Angelesnestled 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 LAs most dynamic submarkets. Buyer to verify all information regarding zoning, square footage, utilities, and development potential by contacting the City of Los Angeles.
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Home facts
- Listing Id #:SR25186872
- Added:1 day(s) ago
- Updated:August 20, 2025 at 12:27 AM
Finances and disclosures
- Price:$799,000
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