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31324389
31324394

700 Lookout Dr, Los Angeles, CA 90012

RS
01472019
Berkshire Hathaway HS CP
Listed by Berkshire Hathaway HS CP
$799,000
288 days on market
Updated 67 days ago

700 Lookout Dr

Details
APN 5415015048
Property Type Land
Sub Type Lots/Land
Acreage 0.224

Land | 0.224 acres

Marketing description

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.
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Listing Contacts

RS
01472019
Berkshire Hathaway HS CP
Listed by Berkshire Hathaway HS CP

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