700 Lookout Dr 5415015048
Los Angeles, CA, 90012
$799,000
Beds
0 Baths
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
Baths:
0
Address:
700 Lookout Dr 5415015048
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Aug 19, 2025
State:
CA
ZIP:
90012
Lot Size:
9,746 sqft / 0.22 acres (approx)
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700 Lookout Dr 5415015048
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