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12
Map
$900,000 - $1,098,000
●
Land -
Off Market
700 Lookout Drive
Los Angeles, CA 90012
Studio
0 Bath
Transfer
Buyer
About This Property
A rare opportunity to build in the thick of things, below DODGERS
STADIUM AND ABOVE CHINA TOWN with an AMAZING VIEW OF DTLA SKYLINE!
Lot slopes down to Bernard St down below. Bridge at the base of the
lot across from it will transport you to China Town and the Railway
Station. There is a continued gentrification of the surrounding
areas along with the value-add potential for a new owner to build
and achieve lucrative future returns. Area is in a FLUX & growing
with the emergence of Hip Restaurants and places of entertainment.
Close proximity to LA Opera, Disney Concert Hall, Dorothy Chandler
Pavilion, Union Station , Little Tokyo , area Freeways , public
transportation, easy access to DTLA and several development
projects in the vicinity is changing the demographics to include
Millennials & Generation Z. Potential to build 12 units and TOC
Tier 3 may allow up to 23 units due to close proximity to Railway
Station with reduced parking. Buyer to verify all information
regarding zoning, square footage, utilities, etc.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 1, 2024 | No longer available | - | |
No longer available | |||
Aug 15, 2023 | Listed | $999,000 | |
Listed | |||
Mar 16, 2022 | No longer available | - | |
No longer available | |||
Mar 6, 2022 | Relisted | $1,499,000 | |
Relisted | |||
Dec 21, 2021 | In contract | - | |
In contract |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
3
Beds
4
Baths
2,072 ft²
$531/ft²
$1,100,000
Aug 25, 2023
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About Central LA
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