702 Lookout Dr, Los Angeles, CA 90012

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
702 Lookout Dr,Los Angeles, CA 90012
$700,000
  • 0.22 Acres
  • Lots / Land
  • Active
Listed by: maxwell forester, john katnik
Office: brc advisors- bh
MLS#:CL26987925
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$700,000

About this home

We are pleased to present the exclusive offering of Lookout Drive, a rare multifamily development opportunity ideally situated in the highly desirable Echo Park neighborhood of Los Angeles. The property consists of one approximately 9,743-square-foot parcel (APN 5415-015-048), offering investors and developers the opportunity to pursue new residential development in one of Los Angeles' most sought-after and supply-constrained rental markets. The property is zoned [LN1-MU2-5][RG1-FA][CPIO-O] and offers a base 1.5 FAR, with the potential to increase density through applicable Density Bonus incentives. The site allows for the development of up to 9 residential units by right without requiring the allocation of any units to affordable housing, subject to buyer verification and applicable development requirements. This provides an attractive opportunity to develop a boutique multifamily project without an affordable housing allocation at the base 9-unit density. Located just south of...

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Home facts

  • Listing ID #:CL26987925
  • Added:9 day(s) ago
  • Updated:September 25, 2026 at 02:40 PM

Structure and exterior

  • Lot area:0.22 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$700,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 25, 2026

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