1 W AVE
1 W AVE
1 W AVE
1 W AVE
1 W AVE
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1 W AVE
1 W AVE
1 W AVE
1 W AVE
1 W AVE
For Sale

1 W AVE

1 W AVE, RICHMOND, CA 94801

$3,500,000
Welcome to 1 West Richmond Avenue, a historic gem in the heart of Point Richmond. 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. Ideally located near shops, restaurants, and waterfront parks, 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. Dont miss your chance to own a piece of Point Richmond history.

Studio

9,434 Sq.Ft. LIVING AREA

3,397.68 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Laminate, Tile

Area & Lot

  • Status For Sale
  • Living Area9,434 Sq.Ft.
  • Lot Area3,397.68 Sq.Ft.
  • MLS® IDML82009280
  • TypeMulti-Family
  • YEAR BUILT1914
  • Elementary SchoolWashington Elementary
  • Middle SchoolFred T. Korematsu Middle School
  • High SchoolLeadership Public Schools: Richmond
  • School DistrictWest Contra Costa Unified

Exterior

  • roofComposition
  • parkingNo Garage
  • HEAT TYPEElectric
  • sewerPublic Sewer
  • SubstructureSlab

Financial

  • Sales Price$3,500,000
  • Zoning CM2
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