147 W Richmond Ave, Richmond, CA 94801
Local realty services provided by:ERA North Orange County Real Estate
147 W Richmond Ave,Richmond, CA 94801
$3,850,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ethan berger
Office: nai northern california510-336-4712
MLS#:41136892
Source:CRMLS
Price summary
- Price:$3,850,000
About this home
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....
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Home facts
- Year built:1914
- Listing ID #:41136892
- Added:7 day(s) ago
- Updated:June 10, 2026 at 10:35 AM
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1914
- Lot area:0.11 Acres
- Lot Features:Street Level
- Construction Materials:Brick
Finances and disclosures
- Price:$3,850,000
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Gas Water Heater
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