1150 Okoboji Drive, Arcadia, California 91007, Arcadia, 91007 - 0 bed, 0 bath
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Arcadia, California 91007
Analysis of 1150 Okoboji Drive, Arcadia, California 91007 is currently available with a list price of $2,380,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Arcadia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone an extensive recent renovation within the last 5 years. The interiors feature modern shaker-style cabinetry, quartz countertops, stainless steel farmhouse sinks, and updated appliances. The flooring has been replaced with contemporary wood-look laminate, and the units have been upgraded with modern mini-split HVAC systems and recessed lighting. While some vintage elements remain, the overall quality and 'turnkey' condition of the kitchens and bathrooms meet the criteria for an extensively renovated property.
Situated in the prestigious Arcadia School District, this property ensures high tenant demand and long-term appreciation potential in a highly sought-after neighborhood.
The property is fully renovated with modern finishes and upgraded functionality, offering an immediate income-generating asset without the need for initial capital expenditures.
Featuring a mix of three 2-bedroom units and one spacious 3-bedroom unit, the property is well-positioned to attract stable, long-term tenants such as families.
Originally built in 1949, the property may possess underlying structural or utility components that require more frequent maintenance compared to newer builds.
At a list price of $2.38 million, the high price per unit may lead to a lower capitalization rate, potentially limiting immediate cash-on-cash returns for investors.
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 3-bedroom, 2-bath unit (1156). Each unit showcases modern finishes, enhanced functionality, and comfortable living spaces designed to attract quality tenants.Located in one of Arcadia’s most sought-after neighborhoods, the property enjoys close proximity to top-rated schools, premier shopping, dining, and everyday conveniences—ensuring consistent tenant demand and premium rental potential.Whether you’re expanding your portfolio or securing a high-performing asset in a prime location, this turnkey income property stands out as a true gem with both immediate returns and future growth.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,243 | 2,994.5 | 75% |
| Lot Size | 8,216 | 8,607 | 50% |
| Price | $2.38M | $1.50M | 75% |
| Price per sq ft | $561 | $541 | 50% |
| Built year | 1949 | 1963 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 201 | 25% |
Mar 29, 2026
$2,380,000
Initial Listing
Jul 7, 2006
$1,000,000
Public Record