Rare Investment Opportunity in Historic Point Richmond, The J.G. Gerlach Building. Built in 1914, the J.G. Gerlach Building presents a unique investment opportunity with strong current income and significant future upside. This well-maintained mixed-use property consists of 38 single-room occupancy (SRO) units and two fully leased ground-floor retail spaces, located in the heart of Point Richmond, one of the East Bays most scenic and desirable enclaves. Two street-level retail spaces, currently occupied by a hair salon and a nail salon, generating consistent commercial rental income. Solid tenant demand and low vacancy contribute to stable monthly cash flow. Point Richmond is a hidden gem along the San Francisco Bay, offering a charming village-like atmosphere with a mix of natural beauty and cultural appeal. Residents and visitors enjoy; Sweeping bay views, marinas, and rolling hills, access to Keller Beach, one of the only swimmable bay beaches in the area. Miller/Knox Regional Shoreline, offering trails, picnic areas, and panoramic vistas. A walkable downtown with indie cafes, restaurants, galleries, and boutique shops. Vibrant and engaged local community with historic character. This property offers both immediate returns and long-term growth. Appraised Value: $3,900,000.
MLS #
ML82009280
MLS Source
MLSListings, Inc.
Days on Site
80
Appliances
Appliances - Vary by Unit
Flooring
Carpet, Laminate, Other, Tile
Cooling
None
Heating
Electric
Roof
Composition, Other
Foundation
Slab
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
Listing Agent
Mark Caloca
RE/MAX Accord
License #: 02146982
Phone: (669) 238-8878
Co-Listing Agent
John L Morra
License #: 01884598
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 40 | 40 |
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 $3,150,000 and was built in 1914.
This address can also be written as 1 W Richmond Ave, Richmond, CA 94801.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of August 16, 2025. For the most current information, please contact Mark Caloca, (669) 238-8878