See Home Value
$697,000 - $851,000
Commercial - Off Market

3029 Tweedy Boulevard

South Gate, CA 90280
bedrooms
Studio
bathrooms
0 Bath
square feet
3100 Sqft

About This Property

Huge Price Reduction....Seller reduced the price by $50,000, from 849K to 799K. Welcome to 3029 Tweedy Blvd / 3030 Nebraska Ave. Property extends from Tweedy Blvd to Nebraska Ave. Property can potentially produce 6 rents, attached room that can be converted to an ADU. Property is situated in a prime location near the intersection of Tweedy Blvd and Long Beach Blvd, this unique mixed-use property offers an excellent investment opportunity. The property features five units, providing a diverse range of residential and commercial spaces within its 3100 square feet of total area, all situated on a generously sized lot measuring 5025 square feet.

The focal point of the property is its strategic positioning, with the commercial unit facing the bustling thoroughfare of Tweedy Blvd, offering high visibility and foot traffic for potential businesses. Currently operating as a salon, this commercial space presents an opportunity for stable rental income or entrepreneurial endeavors.

The remaining four residential units are situated along Nebraska Blvd, offering peaceful and private living spaces away from the main street. Each unit features one bedroom and one bathroom, providing comfortable accommodations for residents.

One of the key features of this property is its practical utility infrastructure, with four separate electric meters, four separate gas meters, and four separate water meters. This setup allows for individual metering of utilities for each unit, offering convenience and flexibility for both tenants and property management.

Additionally, the property includes a driveway for parking, enhancing accessibility and convenience for residents and customers of the commercial unit. Whether utilized for residential living or commercial purposes, this unique mixed-use property presents a promising investment opportunity in a highly desirable location.

Property wont last!

The manager has listed the unit size as 3100 square feet.
Unit Size
3,100Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Apr 26, 2024 No longer available -
No longer available
Apr 4, 2024 In contract -
In contract
Mar 31, 2024 Price Decreased $774,900
↓ $25K (3.1%)
Price Decreased
Mar 24, 2024 Price Decreased $799,999
↓ $50K (5.9%)
Price Decreased
Mar 8, 2024 Listed $849,999
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3.5 Baths
2,215 ft²
$366/ft²
$810,000 Jan 3, 2024
-
-
House
3 Beds
2 Baths
1,470 ft²
$520/ft²
$765,000 Mar 11, 2024
-
-
House
2 Beds
1 Bath
684 ft²
$936/ft²
$640,000 Dec 8, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

3029 Tweedy Boulevard 3029 Tweedy Boulevard, South Gate, CA 90280
  • 1 Unit for Sale
More about this Building
3029 Tweedy Boulevard
Want to find out who owns 3029 Tweedy Boulevard, South Gate, CA 90280? Get detailed property transactions here .

About South Gate


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