147 W Richmond Ave, Richmond, CA 94801

$3,850,000

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Listed by Ethan Berger, (925) 588-9740 from NAI Northern California
(If provided) CoList: from

List Price
$3,850,000
MLS#
EB41136892
Status
ACTIVE
Lot Size
4,800
Listing Area
Richmond - Point Richmond/Bayfro
Year Built
1914

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

Additional Information

Acres
0.11
Amenities
None
Cooling System
None
Exterior Features
Brick
Floor Covering
Tile, Carpet - Wall to Wall, Hardwood
Garage Parking
No Parking
Heating System
Wall Furnace
Laundry Facilities
Washer, Dryer
Lot Description
Grade - Level
Lot Size
4,800
Neighborhood
Richmond - Point Richmond/Bayfro
Numberof Units
19
Other Rooms
Basement - Partial
Unincorporated Yn
Yes

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