• For Sale
  • USD 3,750,000 
  • Build Size: 12,700 ft2
  • Property Type: Multi-Family Home
Welcome to 1 West Richmond Ave in the heart of Point Richmond, California! The J.G Gerlach building, built in 1914, has played a big part in the history of Point Richmond. This historic building offers an exceptional investment opportunity, featuring 38 meticulously maintained single-room occupancy units and two prime retail spaces. Boasting a central location within walking distance of local shops, restaurants, and waterfront parks, this property is ideal for investors seeking both steady rental income and potential for future appreciation. The residential units at 1 West Richmond Ave provide comfortable and affordable housing options for tenants, each offering a cozy living space with convenient amenities. With a diverse mix of long-term and short-term tenants, this building presents a stable rental income stream. Additionally, the two retail spaces, currently occupied by a popular hair salon and a nail salon, provide additional revenue potential and contribute to the vibrant streetscape of this charming neighborhood. Don't miss this rare opportunity to own a piece of Point Richmond's thriving community and invest in a property with both historical charm and lucrative income potential.
Michael  Johnston
Michael Johnston
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1 W Richmond Avenue, Richmond CA 94801, Richmond, California, United States is a 12,700ft2 Richmond luxury Multi-Family Home listed for sale USD 3,750,000. This high end Richmond Multi-Family Home is comprised of N/A bedrooms and N/A baths. Find more luxury properties in Richmond or search for luxury properties for sale in Richmond.