NOT LISTED FOR SALE

3016 Tweedy Blvd South Gate, CA 90280

Estimated Value: $862,000 - $1,045,000

6 Beds
5 Baths
2,358 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $810,000 $344 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,087/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No HOA
  • Legacy High School Complex Rated A-
  • Traditional Architecture
  • Double Door Entry

About This Home

As of February 2022

Welcome to 3016 Tweedy Boulevard, located in the wonderful and thriving city of South Gate, Ca. 3016 Tweedy Blvd consist of 4 generous sized units with a breakdown containing 1: 3 bedroom 2 bathroom, and 3: 1 bedroom 1 bathrooms. As you arrive you’ll be greeted by a clean and lively environment. Parking is to the rear of the property and is boasting of space with each unit having its own 2-designated parking spots. Your two bottom units each contain 1 bedroom and 1 bathroom. The third 1 bedroom 1 bathroom unit is located on the second level, neighboring the owners living quarters which contains 3 bedrooms and 2 bathrooms. Each unit offers true craftsmanship, pride of ownership and excellent layouts and living spaces. Centrally located just minutes from eateries, shopping centers, public transportation, Downtown Los Angeles, LAX and major highways such as the 710,105, and 10 FWYS. 3016 Tweedy Boulevard is a truly SPECTACULAR investment opportunity that is PERFECT for that first-time buyer looking to begin their Real Estate portfolio, Investor, 1031 step-up buyer or that door collector looking to increase their net worth. Move fast as this opportunity might not last!

Last Agent to Sell the Property

Hector Hernandez

Century 21 A Better Service License #01234566 Listed on: 12/18/2021

Century 21 A Better Service

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,005

Year Built

  • Built in 1953

Lot Details

  • 3,784 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • West Facing Home
  • No Landscaping
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Living Room
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 301
  • Tax Tract Number 7046
  • Assessor Parcel Number 6207004004
  • $949 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Insurance Expense $1,500
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,500
  • Operating Expense $16,320
  • Gross Income $62,400
  • Net Operating Income $47,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,005

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 5.40
  • Price Per Unit: 221250
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • View: No
  • Water Sewer Expenses: 3000.00
  • Zoning: SGCM*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 6207004004
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Levels: Two
  • Price Per Square Foot: 343.51
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Common Roof, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, No Landscaping, Park Nearby, Paved
  • Lot Size Sq Ft: 3784.00
  • Lot Size Acres: 0.0869

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Multiplier: 14.10
  • Gross Operating Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3784.0000 Square Feet
  • Net Operating Income: 47930.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14470.00
  • Rent Control: No
  • Total Actual Rent: 62400.00
  • Total Expenses: 16320.00

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Census Tract: 5356.07
  • Tax Lot: 301
  • Tax Tract Number: 7046
  • TaxOtherAnnualAssessmentAmount: 949.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Gonzalez Martinez Abel
Bought by
Gonzalez Abel and Abel Gonzalez Revocable Living Trust
Current Estimated Value
$956,232

Purchase Details

Closed on
Jun 15, 2007
Sold by
Gonzalez Martinez Abel and Gonzales Abel M
Bought by
Gonzalez Martinez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Gonzalez Toni Lynn
Bought by
Gonzalez Abel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Leon Mario R and Leon Blanca V
Bought by
Gonzales Abel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Bustos Aurelio and Bustos Maria
Bought by
Leon Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,700
Interest Rate
5.89%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Leap Frog Investment Corp
Bought by
Alarcon Roberto Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,711
Interest Rate
8.15%

Purchase Details

Closed on
Jan 12, 2000
Sold by
Aguilar Elizabeth
Bought by
Leap Frog Investment Corp

Purchase Details

Closed on
Jul 26, 1999
Sold by
Aguilar Efrain
Bought by
Aguilar Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 5, 1999
Sold by
Hud
Bought by
Aguilar Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.64%

Purchase Details

Closed on
Apr 22, 1998
Sold by
Lima Juan
Bought by
Source One Mtg Services Corp

Purchase Details

Closed on
Mar 6, 1998
Sold by
Source One Mtg Services Corp
Bought by
Hud

Purchase Details

Closed on
Mar 20, 1997
Sold by
Current Gerard P
Bought by
Lima Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,340
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1997
Sold by
Current Katherine C
Bought by
Current Gerard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,340
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1997
Sold by
Trust Fry Charles L And Doris M Trs Fry
Bought by
Current Gerard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,340
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Abel -- None Available
Gonzalez Martinez Abel -- Ticor Title
Gonzalez Abel M -- Fidelity National Title Co
Gonzales Abel M $530,000 Fidelity National Title
Leon Mario R $305,000 Commerce Title
Bustos Aurelio -- --
Alarcon Roberto Carlos $280,000 Fidelity Title
Leap Frog Investment Corp -- Fidelity Title
Aguilar Elizabeth -- --
Aguilar Efrain $185,000 Provident Title Company
Source One Mtg Services Corp $253,100 --
Hud -- --
Lima Juan $240,000 Fidelity National Title Ins
Current Gerard P -- Fidelity Title
Current Gerard P $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Family Trust $500,000
Closed Gonzalez Martinez Abel $490,000
Closed Gonzalez Abel $35,000
Previous Owner Gonzales Abel M $425,000
Previous Owner Leon Mario R $289,700
Previous Owner Alarcon Roberto Carlos $277,711
Previous Owner Aguilar Elizabeth $15,000
Previous Owner Aguilar Efrain $164,000
Previous Owner Lima Juan $231,340
Previous Owner Current Gerard P $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $810,000 -8.5% $344 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $885,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,005 $859,578 $424,483 $435,095
2024 $11,005 $842,724 $416,160 $426,564
2023 $10,812 $826,200 $408,000 $418,200
2022 $8,757 $676,445 $262,694 $413,751
2021 $8,651 $663,183 $257,544 $405,639
2019 $8,375 $643,514 $249,906 $393,608
2018 $8,241 $630,897 $245,006 $385,891
2016 $7,871 $606,400 $235,493 $370,907
2015 $7,748 $597,292 $231,956 $365,336
2014 $7,755 $585,593 $227,413 $358,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21266467

California Regional Multiple Listing Service (CRMLS)

APN: 6207-004-004