$1,800,000
$1,850,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,401 SqFt
SOLD DATE : 08/27/2024
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,401 sqft
Price per Sqft $529
MLS Listing ID 24-352885
Sold Date 08/27/24
Bedrooms 8
Year Built 1957
Lot Size 8,665 Sqft
Acres 0.1989
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.
Location
State CA
County Los Angeles
Area Arcadia
Zoning ARR3YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment None
Laundry Laundry Area, Room, Community
Exterior
Garage Garage - 2 Car
Garage Spaces 5.0
Building
Story 2
Level or Stories One, Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with IRN REALTY