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    700 Lookout Dr Los Angeles, CA 90012

    Sponsored
    For Sale
    $799,000

    Land/Lot - Los Angeles, CA

    Lot size:
    9,746.00 Acres
    Days on Market:
    140
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 700 Lookout Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LAR3
    APN
    5415015048
    Exterior features
    Community Features Included: Curbs, Street Lights, Urban
    Lot size
    9,746.00 Acres

    Building Details

    Architectural style
    Other

    Stratton LFCA - INC. (562) 860-2625 [email protected]

    Listing agent Ravinder Sood (818) 993-8900 License #01472019

    Listing date Aug 19, 2025

    MLS# SR25186872 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity with DTLA Views

    This property presents a development opportunity in Los Angeles, situated below Dodger Stadium and above Chinatown, offering views of the Downtown LA skyline. The lot slopes down to Bernard Street, with a bridge at the base providing access to Chinatown and the Railway Station. The surrounding neighborhood is experiencing growth, with restaurants, entertainment venues, and cultural landmarks nearby, including the LA Opera, Disney Concert Hall, Dorothy Chandler Pavilion, and Little Tokyo. Freeway and public transit access provides connectivity to Los Angeles. Zoned LAR3, the property has potential for up to 12 units, with a TOC Tier 3 designation potentially allowing up to 23 units with reduced parking. The lot size is approximately 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.240185
    Latitude
    34.068216

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    FAQs

    What type of property is this?
    Land - Land with potential for up to 23 units.
    Where is this land located?
    The property is located at 700 Lookout Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Panoramic Downtown LA Views; - Prime Development Opportunity in Central Los Angeles; - Zoned for up to 12 Units, Potential for up to 23 Units with TOC Tier 3 Designation (Buyer to Verify)
    (818) 554-5050
    Request Owner's contact information
    700 Lookout Dr Los Angeles, CA 90012
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    700 Lookout Dr
    Los Angeles, CA 90012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Lookout Dr Los Angeles, CA 90012
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