CA > Richmond
Richmond, CA 94801,1 W Richmond AVE
Richmond, CA 94801,1 W Richmond AVE,Video Tour
Richmond, CA 94801,1 W Richmond AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,400,000
Est. payment /mo
3,397 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82009280

HOA Y/N No

Year Built 1914

Annual Tax Amount $66,150

Lot Size 3,397 Sqft

Property Description

Built in 1914, the J.G. Gerlach Building offers a rare investment opportunity with 38 well-maintained single-room occupancy units and two street-level retail spaces. This property combines steady rental income with future appreciation potential. The residential units offer cozy, affordable housing with a mix of long- and short-term tenants, ensuring stable cash flow. The retail spaces, currently home to a hair salon and nail salon, add additional revenue and enhance the vibrant neighborhood atmosphere. Point Richmond is nestled along the San Francisco Bay and boasts stunning views of the water, marinas, and rolling hills. The neighborhood offers access to several waterfront parks and beaches, including; Keller Beach, (a swimmable bay beach) and Miller/Knox Regional Shoreline with trails and panoramic views. This natural setting contrasts with the more industrial and urban areas in central Richmond, which are less scenic and more densely developed. The downtown area features; independent cafes and restaurants, art galleries and boutique shops.

Location

State CA

County Contra Costa

Area 699 - Not Defined

Zoning CM2

Interior

Heating Electric

Cooling None

Fireplace No

Exterior

Utilities Available Other

Roof Type Composition,Other

Building

Water Other

Schools

Elementary Schools Washington

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 5581100053

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=qvvRgwW1MPA

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CRMLS – RECore
Listed by Mark Caloca RE/MAX Accord

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