700 Lookout Dr, Los Angeles, CA, 90012

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$799,000
3 Days On Site

700 Lookout Dr
Los Angeles, CA 90012

For Sale|Land|Active
County:
Los Angeles
Listed by Ravinder Sood of Berkshire Hathaway HomeServices California Properties [email protected]
Call Now: 909-750-0222
Is this the listing for you? We can help make it yours.
909-750-0222
700 Lookout Dr700 Lookout Dr700 Lookout Dr700 Lookout Dr
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Monthly Payment (Est.)

$3,645
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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.

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Listing Snapshot
Price 
$799,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2237 Acres
Year Built 
N/A
MLS® Number 
SR25186872
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.2237
Special Circumstances 
Standard
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
LAR3
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Exterior Features
Fencing 
None
Road Frontage 
City Street
View 
City LightsNeighborhoodPanoramic
Waterview 
City LightsNeighborhoodPanoramic
Community Features
Community Features 
CurbsStreet Lights
MLS Area 
C42 - Downtown L.A.
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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