700 Lookout Dr, Los Angeles CA 90012 (Off Market)

For Sale, USD 799,000


700 Lookout Dr, Los Angeles CA 90012,

Property Type : Vacant Land

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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 by contacting the City of Los Angeles.
More
700 Lookout Dr, Los Angeles CA 90012, United States,California,Los Angeles is a Los Angeles luxury Vacant Land listed for sale USD 799,000. This high end Los Angeles Vacant Land is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Los Angeles or search for luxury properties for sale in Los Angeles.