631 California AveOklahoma City, OK 73102

  • Commercial land
  • 0.01 AC
For Sale
$3,350,000 View listing

Property Details for 631 California Ave

Lot size
0.01 AC
Property type
Commercial land
APN
21-567-1000
APU
215671000

Description

This exceptional mixed-use property, Left Frame Lofts, presents a unique investment opportunity in Oklahoma City's vibrant Film Row District. The four-story, 9,765 square foot building boasts six fully furnished, two-bedroom/two-bathroom luxury condos, each offering an open living concept, ten-foot ceilings, and stunning 360-degree views. Currently operating as a successful short-term rental, this property generates positive cash flow and offers flexibility. The condos can be sold individually, leased long-term, or continue as short-term rentals. Adding to its appeal is a 750 square foot street-level commercial space, ideal for a long-term tenant or event space, and a spacious 2,200 square foot rooftop terrace providing panoramic downtown views. Six garage parking spaces are included. Built in 2023, the building showcases a modern design with exposed ductwork, high-end finishes, and raw materials like cast-in-place concrete. Its prime location offers easy access to popular attractions such as Jones Assembly, the Paycom Center, Myriad Gardens, and Scissortail Park. The asking price is $3,350,000, with a price per square foot of $343.06. This property represents a compelling investment in Oklahoma City's thriving downtown market, offering immediate positive cash flow and diverse income streams. The building's Class A construction and modern amenities ensure a high return on investment. Financial details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $60,104
    Hospitality
    $55,055
    Educational
    $45,805
    Medical
    $47,380
    Retail
    $71,252

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4657
Longitude
-97.524
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$246
$2,004
-
$2,004
-
$39,140
-
$39,140

FAQs

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