15 Newman Avenue

Arcadia, CA 91007

$1,950,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $573 / sqft

1957

calendar_month Built

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 15 Newman Avenue
City Arcadia
State CA
Zip 91007
County Los Angeles
Listing Agent Benjamin J. Hsiang DRE#01438644
Co-Listing Agent Alexander Metaxas DRE#01784652
Courtesy Of Realty Investment Advisors, Inc.
MLS 24352885
List Price $1,950,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 8,665
Year Built 1957
DOM 8

Exterior Information

Maps

Listing information courtesy of: Benjamin J. Hsiang, Alexander Metaxas, Realty Investment Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 9th, 2024 at 5:11 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.