15 West Newman Avenue
15 West Newman Avenue
$1,950,000
8
4
3,401
3,401
$573
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...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.
- Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
- Listed by Alexander Metaxas • DRE #01784652 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
Property Details for 15 West Newman Avenue
Zoning
ARR3YY
Parcel Number5775027021
Total Units4.0
Living Area3401
Source Living AreaVendor Enhanced
AreaArcadia (605)
Vacancy Rate0
Lot Size Area8665
Location
LISTING UPDATED: 02/09/2024 12:01 AM
Property Details for 15 West Newman Avenue
Status | Active |
---|---|
MLS # | 24-352885 |
Days on Market | 89 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
Lot Size | 0.20 AC / 8,665 SF |
County | Los Angeles County |
Location
Building Information for 15 West Newman Avenue
Stories2Residences-Year Built1957Building Size-Lot Size0.20 AC / 8,665 SF
Payment Calculator
$10,867 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 15 West Newman Avenue
Property History for 15 West Newman Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 15 West Newman Avenue
Taxable ValueLand$43,095Additions$87,163Total$130,258
Tax Record2023$2,702 ($225 / month)
Home Facts
Total Finished SqFt3,401 SqFtAbove Grade Finished SqFt3,401 SqFtLot Size8,947 SqFtStyleQuadraplexYear Built1957ZoningARR3YYCountyLOS ANGELESAPN5775-027-021
Schools near 15 West Newman Avenue
This home is within Arcadia Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 1 to 12 |
Rating | School | Distance |
---|---|---|
Holly Avenue Elementary School PublicK to 5 | ||
First Avenue Middle School Public6 to 8 | ||
Arcadia High School Public9 to 12 | ||
Rancho Learning Center (Alternative) Public1 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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