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700 Lookout Dr, Los Angeles, CA 90012

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For Sale

$799,000

Estimated Payment

$      /mo. †

APR for 30 years

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Explore this Property

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
MLS# SR25186872

Courtesy Of Stratton LFCA - INC.

(818) 993-8900

Property Features

  • Architecture Style
    Other
  • View Type
    City, Panorama

Map and Directions

Directions to 700 Lookout Dr, Los Angeles, CA 90012

Home seller CENTURY 21 Astro

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Astro

(562) 924-3381
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.