Property Listing No Longer Available for Sale

3029 Tweedy Boulevard, SOUTH GATE, CA

Multi-family for Sale - $774,900

Property Info

  3029 Tweedy Boulevard
UpdatedApril 3rd, 2024

Property Description

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!


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