Arcadia, CA 91007,16 W Newman AVE
Arcadia, CA 91007,16 W Newman AVE
Arcadia, CA 91007,16 W Newman AVE
$1,800,000
Est. payment /mo
Est.Price: ?

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8 Beds
4 Baths
3,361 SqFt
SOLD DATE : 11/15/2024

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,361 sqft

Price per Sqft $535

MLS Listing ID 24424417

Bedrooms 8

Year Built 1953

Lot Size 8,598 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR3YY

Interior

Heating Wall Furnace

Exterior

Garage Spaces 4.0

Garage Description 4.0

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
Bought with KEVIN KWAN • REALIV

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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