Contact Xavier Gomez
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1 Richmond Avenue, Richmond, CA 94801
Priced at Only: $3,400,000
For more Information Call
Mobile: 714.478.6676
Address: 1 Richmond Avenue, Richmond, CA 94801
Property Photos

Property Location and Similar Properties
- MLS#: ML82009280 ( )
- Street Address: 1 Richmond Avenue
- Viewed: 4
- Price: $3,400,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1914
- Bldg sqft: 0
- Days On Market: 40
- Additional Information
- County: CONTRA COSTA
- City: Richmond
- Zipcode: 94801
- Provided by: RE/MAX Accord
- Contact: Mark Mark
- DMCA Notice
-
DescriptionBuilt 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.
Features
Building Area Total
- 9434.00
Carport Spaces
- 0.00
Construction Materials
- Brick
- Other
Cooling
- None
Heating
- Electric
Insurance Expense
- 14661.00
Otherexpense
- 15579.00
Parcel Number
- 5581100053
Roof
- Composition
- Other
Totalexpenses
- 174388.00
Trash Expense
- 0.00
Utilities
- Other
Virtual Tour Url
- https://my.matterport.com/show/?m=qvvRgwW1MPA
Water Source
- Other
Year Built
- 1914
Year Built Source
- Assessor
Zoning
- CM2

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com