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Key Details
Sold Price $735,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24046922
Sold Date 04/25/24
HOA Y/N No
Year Built 1946
Lot Size 5,026 Sqft
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!
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Interior
Fireplace No
Laundry Outside
Exterior
Total Parking Spaces 4
Building
Lot Description 2-5 Units/Acre, Front Yard
Story 2
Water Public
Others
Tax ID 6206011009
Financing Private
Special Listing Condition Standard, Trust
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Bought with Victor Ambriz Jr • Keller Williams SELA