UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934



                         Date of Report: March 25, 2004
                        (Date of Earliest event reported)



                          CALIFORNIA ALMOND INVESTORS I
                        A California Limited Partnership
             (Exact name of registrant as specified in its charter)


                                   CALIFORNIA
                 (State or other jurisdiction of incorporation)


         33-10196                                        94-03021688
(Commission File Number)                    (I.R.S. Employer Identification No.)



                          California Almond Investors I
                             2210 Northpoint Parkway
                              Santa Rosa, CA 65407
             (Address of principal executive offices and & zip code)


                                  707-579-3742
                Registrant Telephone number, including area code







Item 2. - Acquisition or Disposition of Assets.

Robertson Ranch

On March 25, 2004, the Partnership  sold the Robertson  Ranch.  The property was
purchased on August 15, 1988 for approximately $232,500.

         The   property  is  located  in  the   Central   San  Joaquin   Valley,
approximately two miles south of Chowchilla in Madera County, California, at the
intersection of State Highway 152 and County Road 4.

         The property is comprised of 35.7 acres;  approximately  33.5 acres are
planted  with  almond  trees  consisting  of 50%  Nonpareil  and 50%  Carmel nut
varieties.  Approximately  one-half  of the  acreage was planted in 1981 and the
remaining acres in 1982. Other  improvements on the property include a well with
a  50-horsepower  pump and an  underground  concrete  irrigation  pipeline.  The
property is zoned for exclusively agricultural uses

The  property  was  appraised  in November  2003 for  $215,000.  It was sold for
$215,000. The sale was an all cash transaction. The buyers were Gurbax Singh and
Kulwant Singh.  The buyers are not related to the General  Partner,  Charterhill
Pacific, or any of their principals.





                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act or 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

By:      Vintech Almond Advisers, Inc.
         A California Corporation,
         Managing General Partner


         By:
                  -----------------------------------------------------
                  David A. Bade,            President