$2,180,000
-$200,0001150 Okoboji Drive, Arcadia CA 91007
Multi-Family (Duplex)
Property type
67 days
On market
$514
Price per sqft
4 cars
Garage
1949
Year built
8,216 sqft
Lot size
Open Houses
Overview
A rare and exceptional investment opportunity in the prestigious Arcadia School District! This fully renovated 4-unit property (1150–1156 Okoboji Dr) offers the perfect blend of stability, strong cash flow, and long-term upside. Thoughtfully upgraded throughout, the property features an ideal unit mix: three well-appointed 2-bedroom, 1-bath units (1150–1154) and one spacious...
Listing provided by: GUANGRONG ZUO DRE #01938898 626-229-2200, RE/MAX PREMIER/ARCADIA
Listing updated: Jun 5, 2026 at 09:40pm.
Last checked: Jun 5, 2026 at 10:00pm
Source: CRMLS #WS26067620
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,390 | $2,390 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,680 | $2,680 | $2,750 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,600 | $2,600 | $2,750 | Unfurnished |
| 1 | 3 | 2 | 1 | $3,500 | $3,500 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
6.15%
NOI / List Price
Gross Scheduled Income: $134,040
Operating Expense: $8,200
Net Operating Income: $134,040
Annual Operating Expenses
Electric: $1,800
Gardener: $1,200
Fuel: $0
Insurance: $2,000
Trash: $2,000
Water / Sewer: $1,200
Interior
Laundry: Laundry Room
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 6
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5379029006
Additional Parcels: No
Tax Lot: 10
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1150 Okoboji Drive, Arcadia, CA 91007. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,744,000
Total Interest
$2,224,376
Total Payment
$3,968,376
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,444
per month
Property History for 1150 Okoboji Drive
Arcadia Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91007.
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