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700 Lookout Dr

Los Angeles (City), CA 90012
  • $799,000
  • STATUS: Active
  • ON SITE: 261 Days
  • ID#: SR25186872
$799,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Ravinder Sood of Coldwell Banker Envision (818-993-8900)


Description

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-08T00:29:30.15. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Stefanie Angel Team | Keller Williams Victor Valley. Licensed in the State of California, USA.
www.thestefanieangelteam.com/homes/167044276
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700 Lookout Dr Los Angeles (City), CA 90012

  • Price: $799,000
  • Status: Active
  • On Site: 261 Days
  • ID#: SR25186872
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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.
Exterior Features

Fencing None Lot Features Walkstreet Road Frontage Type City Street Road Surface Type Paved Sign On Property YN No View City LightsNeighborhoodPanoramic View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsUrban Contingency None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-08T00:29:30.15. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Stefanie Angel Team | Keller Williams Victor Valley. Licensed in the State of California, USA.
 
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The Stefanie Angel Team | Keller Williams Victor Valley
18333 Bear Valley Rd.
Hesperia CA, 92345
Listing Agent(s): Ravinder Sood of Coldwell Banker Envision (818-993-8900)