Active

700 Lookout Dr

Los Angeles, CA 90012
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SqFt9,746

Sqft(Lot)

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 s ignificant,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.

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Detail Ic Property Details

Property Type : Land

Price : $799,000

AD Id : 66629335

MLS Id : SR25186872

Lot Size : 9,746 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Fencing

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2237
  • Lot Size Source: Assessor Lot Size Square Feet: 9746

  • Listing Price Information

    Original List Price: 799,000 Listing Contract Date: 2025-08-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5415015048

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Stadium Way >Lilac Terrace>Lookout Drive. Zoning: LAR3 Source Property Type: Land Area: C42 - Downtown L.A.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
746 Cleveland Street, Los Angeles, CA, 90012 $250,000 -- -- -- 3,831 Sqft(Lot)
1014 Bartlett Street, Los Angeles, CA, 90012 $349,943 -- -- -- 4,557 Sqft(Lot)

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ByOwner last updated this listing 06/11/2026 @ 15:16

MLS: SR25186872 LISTED BY: Ravinder Sood, Coldwell Banker Envision 818-993-8900 SOURCE: CRMLS

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