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Benjamin J. Hsiang
Realty Investment Advisors, Inc.
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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.
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Total Bedrooms : 8
Total Baths: 4
Full Baths: 0
Half Baths: 0
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1957
Building Area Total: 3,401
Common Area,Laundry Room
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1989
Lot Size Source: Assessor
Lot Size Square Feet: 8665
Original List Price: 1,950,000
Listing Contract Date: 2024-02-01
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5775027021
Garage Description: Door-Multi,Garage
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: 605 - Arcadia
Postal Code Plus 4: 2719
Directions: South on N. Santa Anita Ave, West on W. Newman Ave
Zoning: ARR3YY
Source Property Type: Residential Income
Area: 605 - Arcadia
Property Age: 67
Year Built Source: Vendor Enhanced
Total Square Feet Living: 3401
Levels or Stories: One,Two
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
505 N Old Ranch Road, Arcadia, CA,91007 | $2,980,000 | 3 | 2 | 2,305 | 24458 Sqft |
1228 Temple City Blvd, Arcadia, CA,91007 | $6,343,000 | -- | -- | 8,346 | 18730.8 Sqft |
1222 Temple City Blvd, Arcadia, CA,91007 | $7,177,000 | -- | -- | 9,443 | 18730.8 Sqft |
470 Fairview Avenue, Arcadia, CA,91007 | $2,500,000 | 6 | 6 | 4,076 | 9992 Sqft |
309 S Baldwin Avenue, Arcadia, CA,91007 | $3,750,000 | 12 | -- | 7,432 | 21996 Sqft |
914 Fairview Avenue #15, Arcadia, CA,91007 | $985,000 | 2 | 1 | 1,206 | 37803 Sqft |
1517 Lovell Avenue, Arcadia, CA,91007 | $2,500,000 | 4 | 3 | 2,134 | 18210 Sqft |
217 W Norman Avenue, Arcadia, CA,91007 | $2,368,000 | 4 | 3 | 2,521 | 23805 Sqft |
407 Oxford Drive, Arcadia, CA,91007 | $3,775,000 | 5 | 5 | 5,307 | 17795 Sqft |
448 Oxford Drive, Arcadia, CA,91007 | $3,780,000 | 4 | 4 | 4,822 | 13726 Sqft |
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ByOwner last updated this listing 05/22/2024 @ 08:03
MLS: 24352885
LISTED BY: Benjamin J. Hsiang, Realty Investment Advisors, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.