1 West Richmond Avenue
1 West Richmond Avenue
$3,750,000
—
12,700
12,700
$295
Description
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...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.
- Listed by Michael B Johnston • DRE #01370461 • Brokerage DRE #01499008 • Berkshire Hathaway Drysdale Properties
Property Details for 1 West Richmond Avenue
Cross Street
Railroad Ave
Total Parking Spaces0
Location
LISTING UPDATED: 03/07/2024 02:27 PM
Property Details for 1 West Richmond Avenue
Status | Active |
---|---|
MLS # | 424014079 |
Days on Compass | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1914 |
Lot Size | 0.08 AC / 3,397 SF |
County | Contra Costa County |
Location
Building Information for 1 West Richmond Avenue
Stories-Residences40Year Built1914Building Size-Lot Size0.08 AC / 3,397 SF
Payment Calculator
$25,834 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1 West Richmond Avenue
Property History for 1 West Richmond Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1 West Richmond Avenue
Taxable ValueLand$428,879Additions$2,734,114Total$3,162,993
Tax Record2023$64,432 ($5,369 / month)
Home Facts
Total Finished SqFt9,434 SqFtAbove Grade Finished SqFt9,434 SqFtStories1Lot Size3,398 SqFtStyleOffice BuildingYear Built1914Year Renovated1950CountyCONTRA COSTAAPN558-110-005-3
Schools near 1 West Richmond Avenue
This home is within West Contra Costa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicK to 6 | ||
Fred T. Korematsu Middle School Public7 to 8 | ||
Kennedy High School Public9 to 12 | ||
Greenwood Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.