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15 W Newman AVE Arcadia, CA 91007
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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
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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Bought with PEARL KHOO • IRN REALTY