626 Lookout Drive, Los Angeles, CA 90012

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
626 Lookout Drive,Los Angeles, CA 90012
$2,200,000
  • 0.65 Acres
  • Lots / Land
  • Active
Listed by: maxwell forester, john katnik
Office: brc advisors- bh
MLS#:26913817
Source:CRMLS

Price summary

  • Price:$2,200,000

About this home

We are pleased to present the exclusive offering of Lookout Drive, a rare multifamily development opportunity ideally situated in the highly desirable Echo Park neighborhood of Los Angeles. The offering consists of four contiguous parcels (APNs 5415-016-025, 5415-016-026, 5415-016-027, 5415-016-010) and totaling approximately 28,314 square feet, creating a sizable assemblage with significant development potential in one of Los Angeles' most sought-after and supply-constrained rental markets. The property is zoned [LN1-MU2-5][RG1-FA][CPIO-O], providing investors and developers with flexibility to pursue a variety of multifamily and commercial development strategies. The site offers a base 1.5 FAR, with the potential to increase to approximately 3.0 FAR through applicable Density Bonus incentives. Each of the four parcels may allow for the development of up to nine units without requiring the allocation of units to affordable housing, creating the potential for up to 36 units across the...

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Home facts

  • Listing ID #:26913817
  • Added:27 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Structure and exterior

  • Lot area:0.65 Acres

Finances and disclosures

  • Price:$2,200,000
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