WINTHROP CALIFORNIA INVESTORS LTD PARTNERSHIP
NTN 10Q, 2000-05-16
REAL ESTATE
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                   U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

Commission File No. 0-14536                             CUSIP No.  None

                           NOTIFICATION OF LATE FILING

                     [ ] Form 10-K and 10 KSB [ ] Form 11-K
                 [ X ] Form 10-Q and Form 10-QSB [ ] Form N-SAR

                     For the Period Ended December 31, 1999

          Nothing in this Form shall be construed to imply that the Commission
          has verified any information contained herein.

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PART I.  Registration Information

              Winthrop California Investors Limited Partnership

                            (Full Name of Registrant)

        5 Cambridge Center, 9th Floor, Cambridge, Massachusetts         02142
        -------------------------------------------------------         -----
                 (Address of Principal Executive Office)             (Zip Code)

- --------------------------------------------------------------------------------
PART II. Rules 12b-25(b) and (c)
- --------------------------------------------------------------------------------

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.

(Check box if appropriate.)

[X]    (a)  The reasons described in reasonable detail in Part III of this
            Form could not be eliminated without reasonable effort or expense;

[ ]    (b)  The  subject  quarterly  report will be filed on or before the
            fifth calendar day following the prescribed due date; and

       (c)  The accountant's statement or other exhibit required by Rule
            12b-25(c) has been attached if applicable.

- --------------------------------------------------------------------------------
PART III. Narrative
- --------------------------------------------------------------------------------

      Due to a dispute with the entity controlling the Development Partnership,
the Registrant has not been provided with, nor has it been granted access to,
such information regarding the Development Partnership to enable it to complete
its financial statements. The Registrant brought an action seeking access to the
books and records of the Development Partnership necessary to complete its
financial statements. However, to date the Registrant has not received the
required information. As such, the Registrant is uncertain as to when, if ever,
it will be able to obtain sufficient data to prepare its financial statements.
<PAGE>

- --------------------------------------------------------------------------------
PART IV.  Other Information
- --------------------------------------------------------------------------------

(1)   Name and  telephone  number  of  person  in  contact  in  regard to this
notification:

      David J. Heymann              516               681-3636
      ----------------              ---               --------
       (Name)                   (Area Code)         (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).

      YES  [  ]   NO [X]

      Quarterly Reports for the periods ended March 31, 1999, June 30, 1999 and
September 30, 1999

(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

      YES [ ]     NO [ X ]

      Winthrop California Investors Limited Partnership
      -------------------------------------------------
      (Name of registrant as specified in charter)

      has  caused  this  notification  to be  signed  on  its  behalf  by  the
undersigned thereunto duly authorized.

Date:  May 16, 2000           Winthrop California Investors
                              A Limited Partnership

                              By:   Winthrop Financial Associates,
                                     A Limited Partnership
                                     General Partner


                                    By: /s/ Michael L. Ashner
                                       ----------------------------------------
                                            Michael L. Ashner
                                            Chief Executive Officer




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