147 W Richmond Ave - Apartments FOR SALE


Richmond, CA 94801- Point Richmond
$4,450,000 USD
925-588-6402
147 W Richmond Ave, Richmond, CA for Sale
$4,450,000 USD
Apartments - FOR SALE
1/45
null | 5.92% Cap Rate

147 W Richmond Ave
Richmond, CA 94801
Point Richmond


HIGHLIGHTS

  • Located in the heart of historic downtown Point Richmond.
  • Five fully leased commercial units totaling approximately 3,120 SF.
  • 14 residential units: 10 one-bedroom/one-bath and 4 two-bedroom/one-bath apartments.
  • Renovated units feature new flooring, windows, paint, updated kitchens, and modernized bathrooms.
  • Separately metered gas and electric for all units, reducing operating costs.
  • Convenient on-site laundry operated via a mobile app.

OVERVIEW

Point Richmond, an upscale waterfront enclave of historic buildings and cafes that looks like a movie set — is tucked amid the rolling slopes abutting the Chevron refinery, separated from the city by Highway 580 as it proceeds north to the Richmond-San Rafael Bridge, has the elements of a small town and then some. The Bay Trail through Point Richmond connects the area via hiking and biking trails for miles. Among Point Richmond’s many draws, one stands out as the most alluring: its sprawling outdoor spaces. From parks to trails, Point Richmond’s ample greenspaces have the ability to transport you from this quaint Bay Area neighborhood to a lush national forest. Miller Knox Regional Park is a popular Point Richmond destination for fishing, boating and swimming. The area became even more attractive when the San Francisco Bay Ferry began operations between Point Richmond and the San Francisco Ferry Building. Since 1978, the Point Richmond Historic District has been listed in the National Register of Historic Places. As the oldest neighborhood in Richmond, Point Richmond proudly displays historic Victorian homes, many lovingly restored to their original grandeur. Point Richmond has excellent access to public transportation, including a nearby BART station and bus, train and ferry service into San Francisco and surrounding communities. San Francisco is 35 minutes by freeway and the city of Oakland is a 20-minute drive. It also sits at the eastern footing of the San Rafael Bridge, making the shopping, dining and recreational opportunities of Marin County just a few minutes away.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$371 USD /SF

# OF UNITS

19

PRICE/UNIT

$234,211

CAP RATE

5.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Showings: Thur 2/20 & Sat 2/22 12PM – 1PM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C1CD, Richmond-Community

APN/PARCEL ID

558-101-017-9

ASK ABOUT THIS PROPERTY

Monjid AldiyyatBerkshire Hathaway|Drysdale Properties Home SvcMore Info
925-588-6402

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Monjid AldiyyatBerkshire Hathaway|Drysdale Properties Home SvcMore Info
925-588-6402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.