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$799,000
700 Lookout Dr, Los Angeles, CA 90012
Coldwell Banker Envision
0Beds
217Days Listed
About This Property
Prime Development Opportunity with Panoramic DTLA Views. Dont miss this rare chance to build in the heart of Los Angelesnestled 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 LAs most dynamic submarkets. Buyer to verify all information regarding zoning, square footage, utilities, and development potential by contacting the City of Los Angeles.
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 217
- Cumulative Days on Market
- 185
- Original Price
- $799,000
Location & Neighborhood
What's nearby 700 Lookout Dr, Los Angeles, CA 90012
Nearby Schools
- Castelar Elementary School0.3 mi
elementary
- Castelar Elementary School0.3 mi
elementary
- Cathedral High School0.3 mi
secondary
Parks & Recreation
- Alpine Park0.3 mi
park
Transit Access
- College & Adobe0.2 mi
Bus Stop
- Hill & Gin Ling0.2 mi
Bus Stop
- College & New Depot0.2 mi
Bus Stop
- Bernard & Broadway0.3 mi
Bus Stop
- College & Figueroa Terrace0.3 mi
Bus Stop
Local Amenities
POI data updated 2/17/2026
Los Angeles Market Snapshot
1,527
Active Listings
$800K
Median Price
87
Avg Days on Market
Last updated: Feb 19, 2026
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Listed by
Ravinder Sood, Coldwell Banker Envision · 818-554-5050
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$799,000