$799,000
For Sale by Owner
Listed 11 months ago

Land for Sale in Los Angeles, CA

700 Lookout Dr, Los Angeles, CA 90012
PropSlick Verified Data Key facts & insights for this exact address
9,744 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeLand
Lot Size9,744 sq ft

Property Description

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.

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Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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