FOR SALE
$1,950,000

16 W Newman Avenue
Arcadia, CA 91007

Multi-Family
Residential
2
Beds
3,361
Sq. Ft.
0.2
Acre Lot
Courtesy: Benjamin J. Hsiang - Realty Investment Advisors, Inc.; Email: [email protected]
Agent Websites> California> Arcadia> 91007
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. Additionally, a sister property is available at 15 W Newman Avenue, presenting another fourplex situated directly across the street.
CL24352897
Multi-Family, Other
2
Los Angeles
1953
0.2 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Benjamin J. Hsiang - Realty Investment Advisors, Inc.; Email: [email protected]

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