Located in a thriving East Bay waterfront community, 147 W Richmond presents a rare opportunity to acquire a well-maintained, income-producing mixed-use asset with strong upside and classic architectural charm. This 12,000 sqft, three-story building (with a partial basement) features five ground-floor commercial suites totaling 3,120 sqft, 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, shaker cabinetry &' 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 been improved with new carpeting, lighting, and windows, along with 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, &' tenants are billed back for shared utilities
Property Details
Price:
$4,290,000
MLS #:
41095265
Status:
Active
Baths:
0
Address:
147 W Richmond Ave
Type:
Residential Income
City:
Richmond
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
94801
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1914
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Community
- Address147 W Richmond Ave Richmond CA
- CityRichmond
- CountyContra Costa
- Zip Code94801
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