FOR SALE
16 W Newman Ave
Arcadia, CA 91007
8 Beds
4 Baths
3,361 sqft
- 8 Beds
- 4 Baths
- 3,361 sqft
8 Beds
4 Baths
3,361 sqft
Local Information
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Description
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$580
Listed
87 days ago
Home Details for 16 W Newman Ave
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3361 Square Feet |
Appliances & Utilities Laundry: Common Area,Laundry Area,Laundry Room |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Garage - 2 Car |
Days on Market |
|---|
Days on Market: 87 |
Property Information |
|---|
Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
|---|
Price List Price: $1,950,000Price Per Sqft: $580 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Arcadia |
Agent Information |
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Listing Agent Listing ID: 24-352897 |
Building |
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Building Area Building Area: 3361 Square Feet |
Lot Information |
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Lot Area: 8594.388 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
|---|
Mls Number: 24-352897 |
Last check for updates: about 22 hours ago
Listing courtesy of Benjamin J. Hsiang DRE # 01438644, (424) 377-6001
Realty Investment Advisors, Inc.
Alexander Metaxas DRE # 01784652, (626) 313-4901
Realty Investment Advisors, Inc.
Source: CLAW, MLS#24-352897
Price History for 16 W Newman Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/01/2024 | $1,950,000 | Listed For Sale | CLAW #24-352897 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $3,097 |
| Assessment | $166,654 |
Home facts updated by county records
Comparable Sales for 16 W Newman Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $1,200,000 | 08/04/23 | 4 | 2 | 1,984 | |
0.80 | Multi-Family Home | $1,751,500 | 05/24/23 | 6 | 4 | 2,842 | |
1.21 | Multi-Family Home | $2,075,000 | 02/15/24 | 8 | 7 | 3,470 | |
0.95 | Multi-Family Home | $2,380,000 | 04/02/24 | 9 | 7 | 7,198 | |
1.15 | Multi-Family Home | $1,800,000 | 02/20/24 | 9 | 5 | 3,430 | |
1.00 | Multi-Family Home | $1,080,000 | 01/03/24 | 4 | 2 | 1,572 | |
1.42 | Multi-Family Home | $2,000,000 | 01/26/24 | 9 | 6 | 3,072 | |
1.19 | Multi-Family Home | $940,000 | 10/20/23 | 6 | 2 | 1,997 |
What Locals Say about Arcadia
- Andrew K.
- Visitor
- 1mo ago
"Nice home but did my due diligence and decide against purchase. Would recommend all buyers do the same"
- Laura.meda.aguilar
- Resident
- 1mo ago
"Holiday festivals like 4th of July fireworks and entertainment. Also the December holiday festival with booths and food trucks "
- Mk2hqv9kfd
- Resident
- 2mo ago
"Loads of traffic that go through traveling between 10 and 210 freeways. Had a car flip in front of my house and then another car crashed into front lawn next door within the same month this year. Would not recommend for walking but driving can also be a hassle because streets are engineered awkwardly. Lots of streets with merging in weird places. Last, id say meth has gotten to be a problem here with the homeless but unfortunately I imagine that is true in many areas."
- Guthriemilinda6
- Prev. Resident
- 3mo ago
"The school district is overall rated in the top 4% for the whole country. And it is a public school with uniforms "
- cristian m.
- Visitor
- 1y ago
"This place look's ok but rent is high. If your looking to rent this place I would wait when they lower the rent. Really high rent prices people aren't going to rent. And landlords at the end dont want their properties just sitting there. So their gonna have to lower the price. "
- Trulia User
- Resident
- 2y ago
"Too many homeless and too little law enforcement. Property crime is on the rise and traffic is getting worse and worse"
- Mminiego
- Resident
- 3y ago
"I lived in this neighborhood for 3 years and I really love living here. It’s safe and close to everything."
- Mminiego
- Resident
- 3y ago
"Safe and quiet neighborhood. Great school district. Not as congested as other LA County cities. Awesome!"
- Mminiego
- Resident
- 3y ago
"I lived in the area for 3 years. Folks are friendly and quiet. It’s safe city and an overall pleasant city to live in."
- Moniquelorenasanchez
- Resident
- 3y ago
"It’s quieter than one might think! It’s peaceful and is a great place to raise a family. school district is great too!"
- Pierrehsu
- Prev. Resident
- 3y ago
"I lived here for many years. Arcadia has pretty much everything one needs. Supermarkets, hospital, mall, movie theater, international restaurants, golf courses, horse race track, good schools, ... etc. "
- 29763624
- Resident
- 3y ago
"Safety is the most important, and school district, neatness, neighbor is friendly. And grocery is near by . Quiet neighborhood "
- Louis P. B.
- Resident
- 3y ago
"Great police protection , their very prompt, and very kind department ! We have great schools , arcadia high school is # 1 among California. We have wonderful athletes that graduate from this school!"
- Fiona J.
- Resident
- 3y ago
"I have to drive, the neighborhood I work in has unsafe public transportation. I trust the goldline though "
- Amanda
- Resident
- 3y ago
"My commute to downtown Alhambra is 15 minutes. The 210 freeways and605 are nearby. There’s also a shopping mall nearby as well. "
- Lind.johnson1128
- Resident
- 4y ago
"Dog owners: many dog lovers in my neighborhood. I think we all keep an eye for our animals. I also think Landlords should not start asking for dog rent when we are trying to improve about adopting pets. "
- Aksarmenta
- Resident
- 4y ago
"I see a lot of dog walkers here and I don’t think there’s nothing that they would not like. It’s quiet, spacious and people are nice and friendly. "
- Adriana
- Resident
- 4y ago
"There is a good variety of dog parks around and many people have dogs. However to walk your dog you must keep them on a leash."
- Carol
- Resident
- 4y ago
"We have many events for children, elders, and middle aged adults! There are many holiday events. One of them is the Halloween maze."
- Diana G.
- Resident
- 4y ago
"Farmers market, closure of streets for events, family friendly , most people are decent and cordial. A lot of great restaurants and bars for night life. It’s also very quiet at night so it’s not disruptive . "
- Cathyl666888
- Resident
- 4y ago
"It’s a safe community and this neighborhood is convenient to commute to downtown or nearby communities."
- Jeanette H. .
- Visitor
- 4y ago
"There are a lot of events at the santa Anita race track and arboretum like 626 night market and light festivals. There are large beautiful old trees, great access to the goldline and city transits "
- Anna
- Resident
- 4y ago
"There is a large park near by, dog lovers here always numb I to dog walkers, groomers in walking distance and a few dog play places & boarding near by"
- Guthriemilinda6
- Prev. Resident
- 4y ago
"Beautiful, green, quite, clean, friendly, good schools, I grew up here!! I wish I could afford to move here and raise my children"
- Debbie C.
- Resident
- 4y ago
"Live Oak gets very hectic during rush hour. I live close to the freeways so it is very convenien I consider my commute very good"
- Robert C.
- Resident
- 4y ago
"sketchy, driver's don't signal, and will regularly cut off pedestrians and bicycles. if you live in the county part of Arcadia (unincorporated) police)fire response is long."
- Brandon8168
- Resident
- 4y ago
"Expensive, but neighborhood are just like a big city and people in big city usually are not friendly "
- Guthriemilinda6
- Prev. Resident
- 4y ago
"Metro is a little walk to get to downtown LA, amazing and safe neighborhood, Always feel safe here. "
- Tonette
- Resident
- 5y ago
"Arcadia is a very safe place for families with kids: good school, nice parks, county- provided services like shuttle and has access to the Metro Gold line"
- Maria5870
- Resident
- 5y ago
"Summer music Festival at the park and Arcadia parade there is also Santa Anita track events often and Christmas contests "
- Canotonette
- Resident
- 5y ago
"Great parks, safe and quiet neighborhood, good schools, close to a lot of shopping destinations and restaurants "
- Maria
- Resident
- 5y ago
"Great place to walk dogs there is nothing negative to say it’s safe at any time of the day or night. Well lighted and friendly people."
- Taryn R.
- Resident
- 5y ago
" My commute is very easy. Use streets to get around and it is usually very stress free and always a nice drive home."
- Mminiego
- Resident
- 5y ago
"You see people walking their dogs all the time but the owners are not consistent in picking up after their dog."
- Eileen W.
- Resident
- 5y ago
"A spectacular regional park is just a few blocks away—dogs love it. There are many quiet tree-lined streets that make it a wonderful spot for dogs."
- Maggie
- Resident
- 5y ago
"walk to supermarket, school, fitness, restaurants, work and park, liberary, nice neighbors, safe, entertainment"
- Chtungbrian
- Visitor
- 5y ago
"Public park and exhibition showing the arts paints handcrafts and so on, cleanses on the street and access to the grocery stores and restaurants "
- Maggie
- Resident
- 5y ago
"very good place to live and people here very nice and convenient and comfortable. interesting event. delicious restaurants and market."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Benjamin J. Hsiang, Realty Investment Advisors, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
16 W Newman Ave, Arcadia, CA 91007 is a 8 bedroom, 4 bathroom, 3,361 sqft multi-family built in 1953. This property is currently available for sale and was listed by CLAW on Feb 1, 2024. The MLS # for this home is MLS# 24-352897.