Property Details
About this Property
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. 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. Point Richmond is nestled along the San Francisco Bay and boasts stunning views of the water, marinas, and rolling hills. The neighborhood offers access to several waterfront parks and beaches, including; Keller Beach, (a swimmable bay beach) and Miller/Knox Regional Shoreline with trails and panoramic views. This natural setting contrasts with the more industrial and urban areas in central Richmond, which are less scenic and more densely developed. The downtown area features; independent cafes and restaurants, art galleries and boutique shops.
MLS Listing Information
MLS #
ML82009280
MLS Source
MLSListings, Inc.
Days on Site
49
Interior Features
Appliances
Appliances - Vary by Unit
Flooring
Carpet, Laminate, Other, Tile
Cooling
None
Heating
Electric
Exterior Features
Roof
Composition, Other
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
No Garage, On Street, Garage: 0 Car(s)
Elementary District
West Contra Costa Unified
High School District
West Contra Costa Unified
Sewer
Public Sewer
Water
Other
Zoning
CM2
Contact Information
Listing Agent
Mark Caloca
RE/MAX Accord
License #: 02146982
Phone: (669) 238-8878
Co-Listing Agent
John L Morra
License #: 01884598
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 40 | 40 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1 W Richmond Ave is a Residential Income in Richmond, CA 94801. This 9,434 square foot property sits on a 3,398 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,400,000 and was built in 1914. This address can also be written as 1 W Richmond Ave, Richmond, CA 94801.
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This listing information is up-to-date as of June 23, 2025. For the most current information, please contact Mark Caloca, (669) 238-8878
