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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The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
3
/10
Eugene Field Elementary School
1515 N Klein Ave
Distance between this listing and this school1.37 miles
Public District Grades PK-4
2
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Shidler Elementary School
1415 S Byers Ave
Distance between this listing and this school1.51 miles
Public District Grades PK-4
6
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Mark Twain Elementary School
2451 W Main St
Distance between this listing and this school1.80 miles
Public District Grades PK-4
Nearby Schools
8
/10
John Rex Charter Elementary School
500 W Sheridan Ave
Distance between this listing and this school0.14 miles
Public Charter Grades PK-8
8
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Classen Middle School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school1.63 miles
Public District Grades 5-8
9
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Dove Science Academy Middle School
919 NW 23rd St
Distance between this listing and this school1.94 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Astec Charter High School
2401 NW 23rd St Ste 39A
Distance between this listing and this school2.53 miles
Public Charter Grades 9-12
9
/10
Harding Fine Arts Academy
3333 N Shartel Ave
Distance between this listing and this school2.63 miles
Public Charter Grades 9-12
1
/10
Capitol Hill High School
500 SW Grand Blvd
Distance between this listing and this school2.65 miles
The neighbors living near this home have an average income of $67,045. Most Oklahoma City, OK residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
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This home is located at 631 W California Ave in Oklahoma City, OK and zip code 73102 in the Central Oklahoma City neighborhood. This 9,765 square foot home was built in 2023. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since December 22, 2024 and is currently priced at $3,400,000.
In November 2024 more than 101 listings in Oklahoma City, OK were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 308 were sold below. The number of homes for sale in Oklahoma City, OK decreased by 1.2% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $253,613 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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