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Listed by Ethan Berger, DRE #01868467 • NAI Northern California
$3,850,000
Est. payment /mo
12,000 SqFt
Active
147 W Richmond Ave Richmond, CA 94801
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Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $320
MLS Listing ID EB41136892
Year Built 1914
Lot Size 4,800 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
147 W Richmond Ave presents a rare investment opportunity to acquire a well-maintained, income-producing mixed-use asset with strong upside and classic architectural charm. This 12,000 sq ft, three-story building (with a partial basement) features five ground-floor commercial suites totaling 3,120 sq ft, providing steady retail or office income. Above, the second and third floors house 14 fully renovated residential units-including 10 one-bedroom/one-bath units and 4 two-bedroom/one-bath units-offering multiple, reliable revenue streams. The current ownership has completed a comprehensive modernization of all residential units while preserving character-rich details like exposed brick walls. Interior upgrades include new flooring throughout, stylish shaker cabinetry and solid surface countertops, updated appliance packages, contemporary bathrooms with new walk-in showers, sinks, and toilets, dual-pane windows and new entry doors, and upgraded electrical sub-panels in each unit. Common areas have also been improved with new carpeting, lighting, and windows, along with thoughtful amenities such as an indoor bike rack and a refreshed on-site coin-operated laundry room. Each unit is individually metered for gas and electricity, and tenants are billed back for a portion of shared ut
Location
State CA
County Contra Costa
Area Richmond - Point Richmond/Bayfro
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Carpet - Wall to Wall, Hardwood
Laundry Washer, Dryer
Exterior
Exterior Feature Brick
Parking Features No Parking
Building
Lot Description Grade - Level
Water Heater - Gas
Others
Tax ID 558-101-017-9
Special Listing Condition Not Applicable
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