Maxwell Forester and John Katnik are pleased to present Lookout Drive, a prime multifamily development opportunity ideally situated in the highly desirable Echo Park neighborhood.
This offering presents a rare opportunity to acquire a well-located development site in one of Los Angeles’ most sought-after rental markets. The 28,314 square-foot four parcel assemblage is zoned [LN1-MU2-5][RG1-FA][CPIO-O], allowing for multiple development strategies and providing investors with significant flexibility to capitalize on the site’s potential.
Positioned just south of Dodger Stadium, the property benefits from close proximity to Chinatown, Downtown Los Angeles, major transit stops, and a wide range of retail, dining, and entertainment amenities. The site also enjoys elevated views overlooking Downtown Los Angeles and the 110 Freeway corridor, further enhancing its appeal and visibility.
With limited development opportunities remaining in this dynamic submarket, Lookout Drive offers investors the chance to develop new multifamily housing in an area characterized by strong tenant demand, constrained supply, and compelling long-term appreciation potential.