16 W Newman Avenue, Arcadia, CA 91007
- $1,850,000
- $550
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
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Address: 16 W Newman Avenue
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City: Arcadia
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State/county: CA
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Zip/Postal Code: 91007
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Area: 605 - Arcadia
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Country: United States
Details
Updated on August 10, 2024 at 12:51 pm-
Property ID SGR-33457918
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Price $1,850,000
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Property Size 3361.00 m²
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Land Area 8597.00 m²
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Bedrooms 8
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Bathrooms 4
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Garages 4.00
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Year Built 1953
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Property Type Residential Income
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Property Status For Sale
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Living Area 3361.00
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MLS# 24424417
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Office Name REALTY INVESTMENT ADVISORS, INC.
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Agent Name Benjamin J. Hsiang
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01438644
Additional details
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Heating Wall Furnace
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County Los Angeles
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Parking 5.00
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