$1,606,000
$2,000,000
19.7%For more information regarding the value of a property, please contact us for a free consultation.
10900 Lillian Lane South Gate, CA 90280
6,015 SqFt
Key Details
Sold Price $1,606,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,015 sqft
Price per Sqft $266
MLS Listing ID CRPW23109776
Sold Date 10/06/23
HOA Y/N No
Year Built 1948
Lot Size 0.596 Acres
Acres 0.6
Property Description
We are pleased to present 10900 Lillian Lane, an 8 unit existing mulifamily property with further development potential located on a massive 25,737 square foot lot. Zoned CDR2 within the City of South Gate, this allows for mixed or single use development of multifamily of up to four stories (50 feet), with bonus allowances of up to five stories. (60 feet). The current density minimum for a building of this zoning is 21 unit per acre, a maximum of 32 units per acre, and a maximum/w bonus of 85 units per acre. Standard setbacks for this site are going to be 10 feet away from the existing building and 10 feet from the street. Lillian Lane is located on the east side of the 710 and is within one block of the city of Downey. Residents of Lillian Lane benefit being in the city of Downey School district. The current layout of the property are two identical triplex's contiguous of each other consisting of all one bedroom units. South of the property are two detached houses consisting of a 930 Square foot 2 bed/1 bath stand alone house, and a 1,917 square foot 3 bed/2 bath house. To the south of this is a detached gazebo structure, a two car detached garage, and a small stand alone structure. This part of the lot could be utilized for further development detailed in the development opport
Location
State CA
County Los Angeles
Area South Gate E Of 710
Zoning SGR3
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6234001127
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Bought with JacksonJorgensen