15 W Newman AVE, Arcadia, CA 91007
$1,800,000
$1,850,000
2.7%
Est.Price: ?

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8 BD
4 BA
3,401 SqFt

15 W Newman AVE Arcadia, CA 91007

Est. payment /mo
SOLD DATE : 08/27/2024

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Key Details

Sold Price $1,800,000

Property Type Single Family Home

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

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

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

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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Listed by Benjamin J. Hsiang Realty Investment Advisors, Inc. #01438644
Bought with PEARL KHOO IRN REALTY
Jessica Lam

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