Home For Sale

Picture of Home For Sale in Arcadia, California, United States

$1,850,000

16 W Newman Ave
Arcadia, California, United States

8bd 4ba

Listed By: Realtyww Info

Listed On: 08/07/2024

Listing ID: GL11686829 View More Details

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.

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Listed by: Benjamin J. Hsiang