16 W Newman Avenue Arcadia, CA 91007
We are pleased to present the sale of 16 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, 361 square feet of living space on an expansive 8, 597 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusActive
- MLS ID Number24424417
- Home Size Source N/A
- Year Built1953
- Lot Size0.1974 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Number of Stories Multi/Split, One2
- Acreage 0.1974
- Garage Spaces 4
- Zoning ARR3YY
- Listing Conditions Standard
Interior Features
- Heating Wall Furnace
Community Features
- Senior Community No
- MLS Area 605 - Arcadia