Land for Sale in Los Angeles, California
700 Lookout Dr, Los Angeles, CA 90012
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
Location
- Street address
- 700 Lookout Dr
- County
- Los Angeles County
- Elevation
- 359 feet
Directions
Stadium Way >Lilac Terrace>Lookout Drive.
Property details
- Lot size
- 0.224 acres9,757 sq ft
- Zoning
- LAR3
- MLS #
- MRMLS SR25186872
- Posted
Parcels
- 5415015048
Resources
Details and features
Listing
- Type
- Land
- Franchise
- Berkshire Hathaway Home Services
Lot
- View
- City, Panorama
Exterior
- Features
- Curbs Community Features Included, Street Lights, Urban
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 19, 2025 | New listing | $799,000 | — | MRMLS |