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Left Frame Lofts 631 W California Ave

7 Unit Block of Flats £2,627,773 (£375,396/Unit) Oklahoma City, OK 73102

Investment Highlights

  • Six units with skyline views of downtown OKC along with access to garage parking and access to 2200sf rooftop

Executive Summary

Prime Investment Opportunity in Downtown Oklahoma City. Presenting a premier investment property, Left Frame Lofts, situated in the thriving Film Row District of downtown Oklahoma City. Spanning approximately 12,000 square feet across five levels, it includes 6 garage parking spots on the first level, 6 furnished luxury condos (each with 2 bedrooms/2 bathrooms), and a 2,200-sf. rooftop entertainment terrace offering panoramic views of downtown OKC. Additionally, the first level houses a 750-square-foot commercial space at the corner of California and Lee. The building's design and construction emphasize raw materials, featuring cast-in-place concrete floors, ceilings, and some interior vertical walls, alongside extensive use of glass, high-end interior finishes and appliances. The open living concept, ten-foot ceilings, exposed ductwork, and 360-degree views offer a modern downtown living experience in each unit, which will ensure a comfortable and memorable stay for guests. Seize this exceptional investment opportunity to own a prime piece of Oklahoma City's thriving downtown market. A few minutes to Jones Assembly, the Paycom Center, Myriad Gardens, Scissortail Park, Midtown and much more...This property is currently being utilized as a short-term rental operation and all six units are fully furnished. The office space is ready for a long-term tenant or could be utilized for events.
The 6 units can be sold separately, long-term leased or you can continue with the current short-term lease operation. With current market comps, the sale of the units individually along with the office space would put you at a gain day one.
Call for more info and a tour.

Property Facts

Price £2,627,773
Price Per Unit £375,396
Sale Type Investment
No. Units 7
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid Rise
Building Class B
Lot Size 0.08 AC
Building Size 9,765 SF
Number of Floors 4
Year Built 2023
Parking Ratio 1.23/1,000 SF
Opportunity Zone Yes

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Rubbish Collection - Kerbside
  • Lift

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 6 - 1,490 - 1,515
Studios 1 - 750
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
215671000
Land Assessment
£1,572
Improvements Assessment
£0
Total Assessment
£1,572

zoning

Zoning Code DTD-2 (Zoned for 6 residential units and 1 commercial unit.)
DTD-2 (Zoned for 6 residential units and 1 commercial unit.)
  • Listing ID: 32473155

  • Date on Market: 13/11/2023

  • Last Updated:

  • Address: 631 W California Ave, Oklahoma City, OK 73102

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