631 W California Avenue, Oklahoma City, OK 73102

bedrooms 12
bathrooms 12
|Other
THB ฿115,147,018
USD $3,400,000
Published on: 23 Dec 2024
Last updated on: 15 Jan 2025
631 W California Avenue, Oklahoma City, OK 73102
631 W California Avenue, Oklahoma City, OK 73102
631 W California Avenue, Oklahoma City, OK 73102
+39
631 W California Avenue, Oklahoma City, OK 73102
  • 39
Property ID: 110096474707
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More Than 4 Units, Modern - Oklahoma City, OK

631 W California Avenue, Oklahoma City, OK 73102
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
907.20 m2
Year Built
2023
Rooms
12 bedroom(s), 12 bathroom(s)
Architecture Style
Modern
Num Floors
4
County
Oklahoma
Parcel ID
631WCalifornia73102
Provider
MLSOK, Inc.
Brokerage Office Name
Metro Mark Realty, Inc.
Brokerage Office Phone
(405) 848-8818
Address
631 W California Avenue, Oklahoma City, OK 73102

Nearby Schools

TypeSchool nameDistrict name
HighDouglass HSNot available
Not availableNot availableNot available
ElementaryJohn Rex CharterNot available
Not availableNot availableNot available
MiddleMoon MSNot available
Not availableNot availableNot available
JuniorhighMoon MSNot available
Not availableNot availableNot available
Contact Agent
Cole Strickland
Metro Mark Realtors
6501 Avondale Dr, Oklahoma City, OK 73116
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Cole Strickland
6501 Avondale Dr, Oklahoma City, OK 73116
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      Property ID: 110096474707

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