700 Lookout Dr, Los Angeles, CA 90012

Building Details

Architectural style

Other

Listing agent Ravinder Sood License #01472019 Show Phone

Listing office Coldwell Banker Envision i***@bhhscaprops.com 9003 Reseda Blvd., Hacienda Heights, CA Show Phone

Listing date Aug 19, 2025

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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.

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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)