Arcadia, CA 91007,15 W Newman AVE
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Arcadia, CA 91007,15 W Newman AVE
Arcadia, CA 91007,15 W Newman AVE
Arcadia, CA 91007,15 W Newman AVE
Arcadia, CA 91007,15 W Newman AVE

$1,800,000

Est. payment /mo

$1,850,000

2.7%
Est.Price: ?

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15 W Newman AVE Arcadia, CA 91007

8 Beds

4 Baths

3,401 SqFt

SOLD DATE : 08/27/2024

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,401 sqft

Price per Sqft $529

MLS Listing ID 24352885

Sold Date 08/27/24

Bedrooms 8

HOA Y/N No

Year Built 1957

Lot Size 8,664 Sqft

Acres 0.1989

Property Description

We are pleased to present the sale of 15 W Newman Avenue, an exquisite fourplex nestled in the heart of Arcadia. This property comprises of all two-bedroom, one-bath units, offering a unique opportunity for a buyer to live in one unit while having the other three tenants help pay your mortgage!! With a generous 3,401 square feet of living space on an expansive 8,665 square foot corner lot (R3 Zoning), the meticulously maintained lawn and landscaping enhance the property's curb appeal. There are a total of 5 parking spaces on property, including one uncovered spot and four garage spaces. Tenants benefit from the convenience of an on-site laundry facility, and there exists potential for additional income by converting some garages into Accessory Dwelling Units (ADUs) prospective buyers are advised to verify this possibility with the City. Immerse yourself in the charm of Arcadia living with this extraordinary property, a perfect combination of luxury, convenience, and investment potential. Additionally, a sister property is available at 16 W Newman Avenue, presenting another fourplex situated directly across the street.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR3YY

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

Parking Type Door-Multi, Garage

Total Parking Spaces 5

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5775027021

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
Bought with PEARL KHOO • IRN REALTY

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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