700 Lookout Dr
Los Angeles, CA, 90012
$799,000
Beds
0 Baths
0 SqFt
0.22 Acres
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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.

Property Details

Price:
$799,000
MLS #:
SR25186872
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c42downtownla
Listed Date:
Aug 19, 2025
Lot Size:
9,746 sqft / 0.22 acres (approx)
C42 – Downtown L.a.C42downtownlaNeighborhood

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Market Summary

Current real estate data for Land in Los Angeles as of Dec 10, 2025
162
Land Listed
162
Avg DOM
$1,117,027
Avg List Price

Property Summary

    700 Lookout Dr Los Angeles CA is a Land for sale in Los Angeles, CA, 90012. It is listed for $799,000 and features 0 acres.

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