631 W California Avenue Oklahoma City, OK 73102

Multi-Family (2-4 Units) MLS #: 1148190 Courtesy Of Metro Mark Realty, Inc.

$3,400,000

12 beds | 12 baths | 9,765 sq ft
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Estimated monthly payments: $14,863/mo.* (recalculate)

Property InformationDescription

Incredible investment opportunity with this Brand New Construction in Downtown OKC!! Located on the East side of Film Row, this location is perfect for short walks to great restaurants, bars like The Jones Assembly, Bar Arbolada, Big Biang and The Study! As an added bonus, only a 10 minute walk to the Omni, Myriad Gardens, Paycom Center and soon to be brand new Arena for the Thunder! Investors will love this property for its location as well as the building design and materials. All flooring and most walls are cast-in-place concrete offering long term sustainability as well as high efficiency for utilities. Floor to ceiling windows provide one of the best views of Downtown! John Rex Elementary is a 2 minute walk away! With continued support of the local MAPS project, this area will continue to grow offering a great long term capital investment opportunity! PLUS, a Cost Segregation study has been mostly completed and offers a HUGE immediate tax savings for investors. Please contact the listing agent for more information on this portion!

The building is made up of 6 condo units each with 2 bedrooms, 2 bathrooms, personal laundry room and an open kitchen/living space with a smaller balcony space! Access to the 2,000+ sq/ft shared rooftop patio space for each unit is essential to soak in the beautiful sunsets and 360* view of OKC at its best! The first floor has 6 garage spaces with automatic doors giving each unit its own private parking space! And for investors, an additional 750 sq/ft commercial space facing California Ave for additional revenue!

This property is currently being professionally managed for short term rental grossing nearly $20k/mo! This company can continue business for the new owners if desired! Each unit has the potential to rent for $3,500-$4,500/mo! For private tours or any additional information, contact the listing agent directly.
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Features

  • Age: 1-5 Years Old
  • Amenities: Dock
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style: Modern
  • Exterior Type: Concrete

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MAP & DIRECTIONS

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631 W California Avenue, Oklahoma City, OK 73102
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School Information

631 W California Avenue, Oklahoma City, OK 73102

Elementary School
Grades 5-8 | Public School
F. D. MOON MIDDLE SCHOOL
Oklahoma City, OK 73106
1901 N Ellison Ave
405.­587.9500
Distance: 2.8 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
627
Elementary School
Grades PK-8 | Public School
JOHN REX CHARTER ELEMENTARY SCHOOL
Oklahoma City, OK 73102
500 W Sheridan Ave
405.­587.8100
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
17:1
Total Students
717
Elementary School
Grades PK-4 | Public School
THELMA PARKS ELEMENTARY SCHOOL
Oklahoma City, OK 73111
1501 NE 30th St
405.­587.4400
Distance: 3.3 mi
School Rating
F
Student:Teacher Ratio
16:1
Total Students
418
Middle School
Grades 5-8 | Public School
F. D. MOON MIDDLE SCHOOL
Oklahoma City, OK 73106
1901 N Ellison Ave
405.­587.9500
Distance: 2.8 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
627
Middle School
Grades PK-8 | Public School
JOHN REX CHARTER ELEMENTARY SCHOOL
Oklahoma City, OK 73102
500 W Sheridan Ave
405.­587.8100
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
17:1
Total Students
717
High School
Grades 9-12 | Public School
DOUGLASS HIGH SCHOOL
Oklahoma City, OK 73117
900 N Martin Luther King Ave
405.­587.4200
Distance: 2.8 mi
School Rating
F
Student:Teacher Ratio
13:1
Total Students
413
Other Nearby Schools Distance Type Grades School Rating
Emerson Alternative Education (elementary School) 0.6 mi Public KG-5
Emerson Alternative Education (middle School) 0.6 mi Public 6-8
Emerson Alternative Education (high School) 0.6 mi Public 9-12 F
The Academy Of Classical Christian Midtown Campus 1.1 mi Private 9-12
Eugene Field Elementary School 1.4 mi Public PK-4 B-
Shidler Elementary School 1.5 mi Public PK-4 D
Classen Middle School Of Advanced Studies 1.6 mi Public 5-8 B
Mark Twain Elementary School 1.8 mi Public PK-4 A
Wilson Elementary School 1.8 mi Public PK-4 B
Dove Science Academy Middle School 1.9 mi Public 6-8 A
Capitol Hill Middle School 2.0 mi Public 5-8 D-
Rosary School 2.0 mi Private PK-8
Astec Charter Elementary School 2.0 mi Public PK-5 D
Positive Tomorrows 2.1 mi Private PK-6
Hawthorne Elementary School 2.1 mi Public PK-4 D+
Wheeler Middle School 2.1 mi Public 5-8 D
Adelaide Lee Elementary School 2.1 mi Public PK-4 C-
Heronville Elementary School 2.3 mi Public PK-4 C-
Trinity School 2.5 mi Private KG-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Oklahoma City, OK 73102

Median Age: 35.7
Married: 26%
Number of Households: 1,034
Households with Children: 10.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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