15 W NEWMAN AVE ARCADIA, CA 91007

Features

• Price/sqft: $543
• Lot Size: 0.1989 acres
• Total Units: 4
• Construction Type: Wood

Facts

• Year Built: 01/01/1957
• Property ID: 894578854
• MLS Number: 24352885
• Parcel Number: 5775-027-021
• Property Type: Multi-family (5 or more units)
• County: Los Angeles

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. 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.