Los Angeles, CA 90012,700 Lookout Dr
Los Angeles, CA 90012,700 Lookout Dr
Los Angeles, CA 90012,700 Lookout Dr
Los Angeles, CA 90012,700 Lookout Dr
Los Angeles, CA 90012,700 Lookout Dr
Los Angeles, CA 90012,700 Lookout Dr
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$ 799,000
Est. payment | /mo

$ 799,000
Est. payment | /mo

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25186872

Property Sub-Type Lots/Land

Property Description

Prime Development Opportunity with Panoramic DTLA Views. Dont miss this rare chance to build in the heart of Los Angelesnestled 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 LAs most dynamic submarkets. Buyer to verify all information regarding zoning, square footage, utilities, and development potential by contacting the City of Los Angeles.

Location

State CA

County Los Angeles

Direction Stadium Way >Lilac Terrace>Lookout Drive.

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas, Telephone

View Y/N No

Others

Tax ID 5415015048

Virtual Tour https://tour.caimagemaker.com/l/?id=174830

MLS Router / San Diego MLS
Listed by Ravinder Sood Berkshire Hathaway HomeServices California Properties
Alex Obeso

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 322-9212

alex@aorealtyinc.com

900 Lane Ave STE 100, Chula Vista, California, 91914, USA

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700 Lookout Dr