16 W Newman Avenue, Arcadia, CA 91007

  • $1,850,000
  • $550
16 W Newman Avenue, Arcadia, CA 91007
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 4.00
  • Garages
  • 3361.00
  • 1953
  • Year Built
For Sale
16 W Newman Avenue, Arcadia, CA 91007
  • $1,850,000
  • $550

Overview

Property ID: SGR-33457918
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 4.00
  • Garages
  • 3361.00
  • 1953
  • Year Built

Description

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.

  • Address 16 W Newman Avenue
  • City Arcadia
  • State/county CA
  • Zip/Postal Code 91007
  • Area 605 - Arcadia
  • Country United States

Details

Updated on August 10, 2024 at 12:51 pm
  • Property ID: SGR-33457918
  • Price: $1,850,000
  • Property Size: 3361.00 m²
  • Land Area: 8597.00 m²
  • Bedrooms: 8
  • Bathrooms: 4
  • Garages: 4.00
  • Year Built: 1953
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3361.00
  • MLS#: 24424417
  • Office Name: REALTY INVESTMENT ADVISORS, INC.
  • Agent Name: Benjamin J. Hsiang
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01438644

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 5.00

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