$1,768,000 - $1,918,560
RENTED DEC 12, 2024

15 W Newman Ave Arcadia, CA 91007

2 Beds
1 Bath
840 Sq Ft
$2,215 Price per Sq Ft

Last Sold August 27, 2024

Last sale price $1,800,000 $2,143 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,347/month

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Holly Avenue Elementary School Rated A
  • Eat-In Kitchen
  • Tile Countertops

About This Home

As of December 2024

Excellent Location! Great Neighborhood! Spacious , Bright and Airy 2 bedrooms and 1 bath situated in the heart of Arcadia. Features large living room, cozy kitchen with freshly painted cabinets and with good size eating area. 2 spacious bedrooms with ceiling fans and one bath with stand alone shower and a bathtub. Lots of closet space. New wood floor thought-out the unit. Wall A/C and wall Furnace. 1 Assigned parking space in garage with small storage area and one parking space in front of garage Shared laundry room. It is located in a very convenient location with award winning Arcadia Unified School District. Easy access to Freeway, close to shopping center, close to restaurants, markets, banks, etc. Must see!

Last Agent to Rent the Property

Hiba Matta

Jose Maalouf, Broker Brokerage Phone: 626-524-4443 License #01835638 Listed on: 11/03/2024

Last Renter's Agent

Hiba Matta

Jose Maalouf, Broker Brokerage Phone: 626-524-4443 License #01835638 Listed on: 11/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1957

Lot Details

  • 8,878 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $2,550
  • Rent includes gardener, trash collection, water
  • Available 11/4/24
  • Tax Lot 19
  • Tax Tract Number 17329
  • Assessor Parcel Number 5775027021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1957

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-11-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2550
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: ARR3YY
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5775027021
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Stories: 1
  • Entry Location: Living room
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.10
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8878.00
  • Lot Size Acres: 0.2038

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 8878.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 4307.21
  • Tax Lot: 19
  • Tax Tract Number: 17329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 16, 2024
Sold by
Westlund Family Trust and Westlund Loretta Joy
Bought by
Chan Family Trust and Chan
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
PEARL KHOO
IRN REALTY
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Views
37
Current Estimated Value
$1,860,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,640
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,260,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1996
Sold by
Westlund Donald H and Westlund Loretta Joy
Bought by
Westlund Donald H and Westlund Loretta Joiy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chan Family Trust $1,800,000 Old Republic Title Company
Westlund Donald H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Family Trust $1,260,000
Closed Chan Family Trust $1,260,000
Previous Owner Westlund Donald H $405,950
Previous Owner Westlund Donald H $500,000
Previous Owner Westlund Donald H $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Rented $2,600 +4.0% --
12/09/2024 12/09/24 Price Changed $2,500 -2.0% $3 / Sq Ft
11/09/2024 11/09/24 Price Changed $2,550 -1.9% $3 / Sq Ft
11/03/2024 11/03/24 For Rent $2,600 0.0% --
08/27/2024 08/27/24 Sold $1,800,000 -2.7% $529 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $1,850,000 -5.1% $544 / Sq Ft
06/13/2024 06/13/24 For Sale $1,950,000 0.0% $573 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,950,000 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,746 $1,800,000 $1,000,000 $800,000
2024 $2,746 $132,862 $43,956 $88,906
2023 $2,702 $130,258 $43,095 $87,163
2022 $2,631 $127,704 $42,250 $85,454
2021 $2,564 $125,201 $41,422 $83,779
2019 $2,519 $121,490 $40,195 $81,295
2018 $2,361 $119,108 $39,407 $79,701
2016 $2,209 $114,485 $37,878 $76,607
2015 $2,174 $112,767 $37,310 $75,457
2014 $2,175 $110,559 $36,580 $73,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24226693

California Regional Multiple Listing Service (CRMLS)

APN: 5775-027-021