$1,950,000
Active Under Contract
16 Days Online
8 Beds4 Baths3,401 SQFT
Active Under Contract

15 W Newman Avenue Arcadia, CA 91007

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24352885
  • Home Size Source N/A
  • Year Built1957
  • Lot Size0.1989 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Garage - Two Door
  • Parking Spaces 5
  • Number of Stories One, Two2
  • Acreage 0.1989
  • Garage Spaces 4
  • Zoning ARR3YY
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace
  • Laundry Features Individual RoomCommunity

Community Features

  • Senior Community No
  • MLS Area 605 - Arcadia

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Monthly Payment (Est.)

$10,473
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