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1150 Okoboji Dr 4 Unit Apartment Building $3,004,345 CAD ($751,086 CAD/Unit) 5.73% Cap Rate Arcadia, CA 91007



Investment Highlights
- Highly visible location with strong accessibility to major transportation routes.
- Positioned in a growing market with strong demographic support.
- Surrounded by a vibrant mix of residential, retail, and commercial developments.
Executive Summary
Exceptional investment opportunity in the heart of Arcadia. This well-maintained 4-unit income property is located within the highly desirable Arcadia Unified School District, offering top-rated schools and strong tenant demand. Each unit is in great condition and generates steady rental income. The property has been retrofitted from ground grade for earthquake safety, adding peace of mind and long-term value. Prime location near Westfield Santa Anita Mall, H Mart, Trader Joe’s, parks, and dining options provides tenants with unmatched convenience. With its rare availability, stable rental history, and pride of ownership, 1150 Okoboji Dr is a true gem in today’s market.
Property Facts
| Price | $3,004,345 CAD | Building Class | C |
| Price Per Unit | $751,086 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 4,243 SF |
| Cap Rate | 5.73% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1949 |
| Property Subtype | Apartment | Parking Ratio | 1.89/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3, Arcadia - High Density Multiple Family Residential | ||
| Price | $3,004,345 CAD |
| Price Per Unit | $751,086 CAD |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,243 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | R3, Arcadia - High Density Multiple Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5379-029-006 | Improvements Assessment | $460,674 CAD |
| Land Assessment | $1,382,050 CAD | Total Assessment | $1,842,724 CAD |
Property Taxes
Parcel Number
5379-029-006
Land Assessment
$1,382,050 CAD
Improvements Assessment
$460,674 CAD
Total Assessment
$1,842,724 CAD
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Presented by
First Choice Realty & Investment, Inc.
1150 Okoboji Dr
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