$3,850,000

147 W Richmond Ave, Richmond, CA 94801

  • 12,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $321/sqft
  • Property List Date Icon Listed 1 month ago

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 utilities—minimizing operating costs and increasing net income.

Listing Status:
Active
Date Added:
June 2, 2026
Data Last Updated:
July 5, 2026 at 6:08PM
Listing Office:
NAI Northern California : 510-336-4712
Listing Agent:
Ethan Berger : 925-588-9740
MLS ID:
41136892
  • Appliances: DryerWasherGas Water Heater
  • Basement: Partial
  • Flooring: HardwoodTileCarpet
  • A/C: None
  • Heating: Wall Furnace
  • Parking: None
  • General: Brick
  • County: Contra Costa
  • Zoning: 5581010179
  • Utilities: Individual Electric MeterIndividual Gas Meter
  • Water: PublicWater District
  • Sewer: Public Sewer

This listing courtesy of Ethan Berger , NAI Northern California

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location