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700 Lookout Dr, Los Angeles, CA 90012

$799,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ravinder Sood | toprealtorsood@gmail.com
Lic#: 01472019
Broker: Courtesy of Coldwell Banker Envision
Phone: 818-993-8900

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# SR25186872

Price: $799,000

HOA Fee is $0.00

Beds: 0

Baths: 0

0.22 acres

Lot size: 0.2237

County: Los Angeles

Zoning: LAR3

Lot description: Walkstreet

MLS area: C42 - Downtown L.A.

Last Updated: 6/11/2026

Days On Market (DOM): 339

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.054885, -118.239529.
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