2 months on rocket

15 W Newman Ave, Arcadia, CA, 91007

$1,950,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
3,401 SqFt
$573/SqFt
House
Schools Nearby

Location

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15 W Newman Ave, Arcadia$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage4 spaces
Year Built1957
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24352885
Lot Size0.20 Acres
StatusActive

About 15 W Newman Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2
  • Living Area: 3,401 SqFt

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Benjamin J. Hsiang

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Arcadia High School, Public District Grades 9-12
  • First Avenue Middle School, Public District Grades 6-8
  • Holly Avenue Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South on N. Santa Anita Ave, West on W. Newman Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $573/SqFt

Tax Information:

  • Annual Amount: $2,564
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Arcadia, CA.

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Arcadia, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$658

Avg. Days On Market

46

# of Sold Homes

42

15 W Newman Ave vs Arcadia

85 DAYS ON ROCKET

+39 Days

$1,950,000

+$538K More

$573/SqFt

-$86 Less

KEY TAKEAWAY

This property is $538K more than the Median Sold Price and $86/SqFt less than other homes in Arcadia, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24352885

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Benjamin J. Hsiang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,564$125,201
2020$2,519$123,918
2019$2,361$121,490
2018$2,353$119,108
2017$2,353$116,774

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1394185
8
/10

  • Holly Avenue Elementary School

  • 360 W Duarte Rd

  • 1.54 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1394186
8
/10

  • First Avenue Middle School

  • 301 S 1st Ave

  • 0.75 miles

  • Public District Grades 6-8

High School

school-card-donut-1394187
9
/10

  • Arcadia High School

  • 180 Campus Dr

  • 1.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,122. Most Arcadia, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15 W Newman Ave

What is the listing price of this property?

The listing price of 15 W Newman Ave property is $1,950,000.

What type of property is this?

The property 15 W Newman Ave is a house located in Arcadia, California, 91007.

Is this property for sale now?

Active Listing: 15 W Newman Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 15 W Newman Ave are:
Holly Avenue Elementary School: GreatSchools Rating 8/10
First Avenue Middle School: GreatSchools Rating 8/10
Arcadia High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,564 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 15 W Newman Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 15 W Newman Ave is 3,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15 W Newman Ave is 1957.

Rocket Homes›California›Los Angeles County›Arcadia›91007›15 W Newman Ave

This home is located at 15 W Newman Ave in Arcadia, CA and zip code 91007 in the The San Gabriel Valley neighborhood. This 3,401 square foot home, which was built in 1957, sits on a 0.20 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,950,000.

Arcadia, CA housing market in March 2024 saw over 15 listings sold above listed price, more than 5 sold at listed price and over 22 sold below. The number of listings in Arcadia, CA increased by 9.2% between February 2024 and March 2024. In March 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $1,412,000.

From Rocket Homes Real Estate and based on county public records data.

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