Seller's Agent in 2024
Steven Padilla
Century 21 A Better Service
(562) 298-6413
7 in this area
148 Total Sales
3029 Tweedy Blvd South Gate, CA 90280
Estimated Value: $763,819
4
Beds
4
Baths
3,100
Sq Ft
$246/Sq Ft
Est. Value
About This Home
As of April 2024Huge 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!
Last Agent to Sell the Property
Century 21 A Better Service Brokerage Phone: 562-607-1036 License #00957274 Listed on: 03/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,273
Year Built
- Built in 1946
Lot Details
- 5,027 Sq Ft Lot
- Two or More Common Walls
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,100 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 110
- Tax Tract Number 4753
- Assessor Parcel Number 6206011009
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
Apr 17, 2024
Sold by
Hernandez Josephine Anne
Bought by
Hernandez Alex
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Victor Ambriz Jr
Keller Williams SELA
List Price
$849,999
Sold Price
$735,000
Premium/Discount to List
-$114,999
-13.53%
Views
132
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,819
Avg. Annual Appreciation
1.61%
Original Mortgage
$367,500
Interest Rate
6.74%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Alex | -- | Wfg National Title | |
| Hernandez Alex | $735,000 | Wfg National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hernandez Alex | $367,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $735,000 | -5.1% | $237 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/29/2024 03/29/24 | Price Changed | $774,900 | -3.1% | $250 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $799,999 | -5.9% | $258 / Sq Ft |
| 03/08/2024 03/08/24 | For Sale | $849,999 | -- | $274 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,273 | $749,700 | $510,000 | $239,700 |
| 2024 | $9,273 | $672,641 | $464,617 | $208,024 |
| 2023 | $2,177 | $75,578 | $23,769 | $51,809 |
| 2022 | $2,112 | $74,097 | $23,303 | $50,794 |
| 2021 | $2,065 | $72,646 | $22,847 | $49,799 |
| 2019 | $2,010 | $70,493 | $22,170 | $48,323 |
| 2018 | $1,881 | $69,112 | $21,736 | $47,376 |
| 2016 | $1,755 | $66,431 | $20,893 | $45,538 |
| 2015 | $1,725 | $65,434 | $20,580 | $44,854 |
| 2014 | $1,717 | $64,153 | $20,177 | $43,976 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Padilla
-
Victor Ambriz Jr
V
Buyer's Agent in 2024
Victor Ambriz Jr
Keller Williams SELA
(562) 842-7248
4 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24046976
APN: 6206-011-009
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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