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Sold for $1,800,000
  • Tax assessed value
    $1,800,000

    16 W Newman Ave, Arcadia, CA 91007

    8beds
    4baths
    3,361sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $1,783,000 Zestimate®
    $536/sqft
    $3,335 Estimated rent

    Home value

    $1,783,000

    $1.62M - $1.96M

    $3,335/mo

    Zestimate® history
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    $3,335/mo

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    $11,494/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin J. Hsiang DRE # 01438644 424-377-6001,

    Realty Investment Advisors, Inc.

    Bought with:

    Kevin Kwan, DRE # 01488390

    REALIV

    Source: CLAW,MLS#: 24-424417MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range/Oven
    Interior area
    • Total structure area: 3,361
    • Total interior livable area: 3,361 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - 4+ Car
    • Garage spaces: 4
    • Uncovered spaces: 1
    Features
    • Levels: Multi/Split,One
    • Stories: 2
    Lot
    • Size: 8,951 sqft
    Details
    • Additional structures: None
    • Parcel number: 5775027020
    • Zoning: ARR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1953

    Community & neighborhood

    Location
    • Region: Arcadia

    Price history

    DateEventPrice
    11/15/2024Sold$1,800,000-2.7%$536/sqft
    Source: CLAW #24-424417 Report a problem
    10/10/2024Contingent$1,850,000$550/sqft
    Source: CLAW #24-424417 Report a problem
    8/6/2024Listed for sale$1,850,000$550/sqft
    Source: CLAW #24-424417 Report a problem
    7/11/2024Listing removed--
    Source: CLAW #24-352897 Report a problem
    6/14/2024Price change$1,850,000-5.1%$550/sqft
    Source: CLAW #24-352897 Report a problem
    6/13/2024Listed for sale$1,950,000$580/sqft
    Source: CLAW #24-352897 Report a problem
    5/10/2024Contingent$1,950,000$580/sqft
    Source: CLAW #24-352897 Report a problem
    2/1/2024Listed for sale$1,950,000$580/sqft
    Source: CLAW #24-352897 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,690 +588.6%$1,800,000 +958.9%
    2024$3,150 +1.7%$169,986 +2%
    2023$3,097 +2.8%$166,654 +2%
    2022$3,013 +2.5%$163,387 +2%
    2021$2,940 +0.9%$160,184 +1%
    2020$2,913 $158,542 +2%
    2019$2,913 +7.3%$155,434 +2%
    2018$2,715 $152,387 +2%
    2017$2,715 +0.3%$149,400 +2%
    2016$2,708 +5.9%$146,471 +1.5%
    2015$2,558 +1.8%$144,272 +2%
    2014$2,513 $141,447 +2.5%
    2012-- $138,048 +2%
    2011-- $135,342 +0.8%
    2010-- $134,332 -0.2%
    2009-- $134,652 +2%
    2008-- $132,013 +2%
    2007-- $129,425 +2%
    2006-- $126,888
    2005-- $126,888 +4%
    2004-- $121,962 +1.9%
    2003-- $119,728 +2%
    2002-- $117,381 +4%
    2000-- $112,826

    Find assessor info on the county website

    Neighborhood: 91007

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,783,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,783,000