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15 W Newman Ave, Arcadia, CA, 91007
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15 W Newman Ave Arcadia, CA, 91007

$1,950,000 Home under contract 2 beds 3,401 sqft

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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Property details

3,401 sqft interior area
Property type
Home
Interior area
3,401 sqft
Land area
8,712 sqft (0.20 acres)
Price per sqft
$573/sqft
Days on Verhouse
108
Address
15 W Newman Ave, Arcadia, CA, 91007
City of California
Arcadia
County
Los Angeles
nr.of parking places
5
Year Built
1957
District
Listing

Open Houses

No upcoming open houses

Interior Features

5 parking places
Beds
2
Parking
5
Garage & Parking
Other
Laundry Features
Community Facility, Laundry Room
Heathing & Cooling
Wall/Window Unit(s), Wall Furnace

Listed by

Benjamin J. Hsiang, Realty Investment Advisors, Inc.
Name
Benjamin J. Hsiang
License number
01438644
Brokerage company
Realty Investment Advisors, Inc.
MLS #
CL24352885

Payment calculator

Calculate your monthly payments
Mortgage
$5,987
Taxes
$0
HOA dues
$0
$5,987 per month
Mortgage
$390,000 / 20%
2.28%
30 years
Your amount $5,987 / month

Lot details

TMK #5775027021
Parcel nr.
5775027021

91007 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 91007

41%
Families with children
National average: 39%
26%
Non family households
239,435
Population
$112,808
Average Income

Age & gender

Median age 43 years
More info

Commute types

88% commute by car
More info

Education level

28% have bachelor education
More info

Number of employees

4% work in education and healthcare
More info

Vehicles available

42% have 2 vehicle
More info

Vehicles by gender

42% have 2 vehicle
More info

Housing market insights for

$1.52m
Neighborhood average
sales price*
$1.18m
Neighborhood median
sales price*
441
Number
of sales*

Housing type

63% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

66% have 2 or 3 bedrooms
More info

Owners vs Renters

59% are owners
More info
12.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Under contract May 10, 2024
Date Event Price $/sqft Source
May 10, 2024 Under contract $1,950,000 573.36 MLS #CL24352885
Feb 1, 2024 New Listing $1,950,000 573.36 MLS #CL24352885

Taxes of 15 W Newman Ave, Arcadia, CA, 91007

ARR3 zoning / MLS #CL24352885
Zoning
ARR3

Agent viewpoints of 15 W Newman Ave, Arcadia, CA, 91007

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Frequently Asked Questions about 15 W Newman Ave

What is 15 W Newman Ave?

15 W Newman Ave, Arcadia, CA, 91007 is a single family home located in the city of Arcadia, California with zipcode 91007. This single family home has 2 bedrooms with an interior area of 3,401 sqft.

Which year was this home built?

This home was build in 1957.

What is the full address of this Home?

15 W Newman Ave, Arcadia, CA, 91007.

Are grocery stores nearby?

The closest grocery stores are Claros Italian Market, 0.46 miles away and Ralphs, 0.58 miles away.

What is the neighborhood like?

The 91007 zip area has a population of 239,435, and 41% of the families have children. The median age is 43.3 years and 88% commute by car. The most popular housing type is "single detached" and 59% is owner.

Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 10, 2024
Verhouse Last checked less than a minute ago

15 W Newman Ave, Arcadia, CA, 91007 is a single family home located in the city of Arcadia, California with zipcode 91007. This single family home has 2 bedrooms with an interior area of 3,401 sqft on a 8,665 sqft sqft lot. This house was build in 1957.
The closest grocery stores are Claros Italian Market, 0.46 miles away and Ralphs, 0.58 miles away.
The 91007 zip area has a population of 239,435, and 41% of the families have children. The median age is 43.3 years and 88% commute by car. The most popular housing type is "single detached" and 59% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home Under contract $1.95m 15 W Newman Ave, Arcadia, CA, 91007 2 beds / 3,401 sqft Save House Remove from Saved