Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSR25186872
MLS Source
California Regional MLS
Days on Site
2
Lots & Land Information
Fencing
None
Parking, School, and Other Information
HOA Fee
$0
Zoning
LW, WLK
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
700 Lookout Dr is in Los Angeles, CA 90012. This Land is currently priced at $799,000. This address can also be written as 700 Lookout Dr, Los Angeles, CA 90012.
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This listing information is up-to-date as of August 19, 2025. For the most current information, please contact Ravinder Sood
