$2,990,000 1 W Richmond AVE, Richmond 0 bd · 0 ba · 0 sqft
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HomeHomes for SaleRichmond › 1 W Richmond AVE
21 photos · MLS data verified July 19, 2026 · Updated every 15 min
$2,990,000 Active
0 Beds·0 Baths·0 sqft·3,398 sqft lot·Built 1914
1 W Richmond AVE, Richmond, CA 94801
Listed 19 days ago · June 30, 2026  |  MLS# ML82052646
$0/sqft +0% vs Richmond avg
What this means: Priced above the Richmond per-sqft average. Compare to recent sales below for context.
Est. $18,891/moP&I $15,514 · Tax $3,115 · Insurance $262 · HOA $0Assumes 20% down ($598,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
9Active in Richmond
2Active in 94801
33Avg DOM
$439Avg $/SqFt
107.1%Sale-to-List
4.5 moInventory
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Why This Home Stands Out

📍
Richmond Location
Active listing in Richmond, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
0 Bed / 0 Bath / 0 sqft on 3,398 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $3.0M vs City Average $698K
$0/sqft compared to Richmond avg $439/sqft (+0.0%).
Best fit forActive BuyersRichmond SearchersMove-Up / Move-In

About This Home

Institutional-grade, core-plus mixed-use acquisition opportunity in the high-barrier-to-entry submarket of Point Richmond. The historic J.G. Gerlach Building presents a stabilized asset with a robust recurring revenue profile, offering immediate cash-on-cash returns paired with significant pro-forma rental upside. The asset features a diversified revenue stream comprised of 38 residential Single Room Occupancy units generating stable, non-cyclical cash flows due to historically low structural vacancy, anchored by two fully leased ground-floor commercial retail suites (established hair and nail salons) under stable, recurring commercial lease agreements. A comprehensive capital expenditures underwriting benefit includes a recently replaced brand-new roof and a fully modernized, updated electrical distribution system, drastically mitigating near-term operational risk, reducing deferred maintenance reserves, and optimizing future Net Operating Income. Backed by a recent independent valuation of $3,900,000. Positioned in a premier, walkable coastal enclave with close proximity to Keller Beach and Miller/Knox Regional Shoreline, this asset is a highly defensible yield, immediate multi-stream cash flow, and an excellent inflation hedge with embedded organic rental growth potential.
MLSListings IDX
MLS ID #ML82052646, Mark Caloca. Listing provided by BRG Realty · MLSListings Inc.
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Property Details

Property Type
CommercialProperty
Year Built
1914
Bedrooms
0
Bathrooms
0 Full
Living Area
0 sqft
Lot Size
3,398 sqft
Garage
N/A
Price/sqft
$0
County
ContraCosta
MLS Number
ML82052646
Status
Active
Stories
N/A
HOA
None

Interior Features

Electric

Exterior & Lot

Composition, Other Roof0.08 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
1 W Richmond AVE, Richmond, CA 94801 · ContraCosta County

Market Context

Price Positioning
$ Price context: Listed at $0/sqft vs Richmond avg $439/sqft (+0.0% above).
$ Sale-to-list: Richmond homes selling at 107.1% of asking.
Velocity: City avg 33 days. This home: 19 days.
🏠 Inventory: 0 0-bedroom homes currently available in Richmond.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy
Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$698,111Average Price+21.6% vs Last Year
33Avg DOM-56.0 days vs Last Year
9Active Listings+125.0% vs Last Year
107.1%Sale-to-List+5.2% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Richmond home sell for today?

Homes in Richmond are selling at 107.1% of asking in 33 days.

107.1%Sale-to-List
33Avg Days
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This 0 square foot home at 1 W Richmond AVE in Richmond features 0 bedrooms and 0 bathrooms. Listed at $2,990,000, this RichmondPointRichmondBayfro property reflects the current pricing trends for 0-bedroom homes in the 94801 zip code.

0-Bedroom Homes for Sale in Richmond 94801

Browse 0-bedroom home listings in the RichmondPointRichmondBayfro area of Richmond. Properties in 94801 are currently averaging $439 per square foot with 33 days on market.

What to Expect When Buying in RichmondPointRichmondBayfro

The RichmondPointRichmondBayfro market in Richmond features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.

Recently Sold in Richmond

No recent sold comps found in this segment.

For Homeowners

Your neighbors are selling. Should you?

In the last 3 months, 6 homes sold in Richmond at an average of $655,167. The average sale closed at 107.1% of asking price.

6Sold (Last 3 Months)
$655,167Average Sale Price
107.1%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Richmond, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Richmond Market Overview Full Stats →

$655,167Avg Sale Price+21.6% vs Last Year
33Avg DOM-56.0% vs Last Year
9Active Listings
107.1%Sale-to-List
$439Price/sqft
4.5Months Inventory
6Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · July 2026

Frequently Asked Questions

Listed at $2,990,000 ($0/sqft). Richmond avg is $439/sqft, placing this +0.0% above. Comparable recent sales help frame the value.
Listed 19 days (as of June 30, 2026). Richmond average is 33 days.
Est. $18,891/mo with 20% down ($598,000) at 6.75%. Includes principal & interest ($15,514), property tax ($3,115), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 9 active listings in Richmond (0 are 0-bedroom). At $2,990,000 this is positioned against the city average of $698,111. Similar homes have sold at 107.1% of asking.
0-bedroom homes in Richmond (94801) are currently averaging $439 per square foot. Market activity shows homes spending an average of 33 days on market in this area.
1 W Richmond AVE in Richmond is currently listed at $2,990,000. This 0-bedroom, 0-bathroom home is located in the RichmondPointRichmondBayfro area.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Jul 19, 2026 11:45 AM PT. 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.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Jul 19, 2026 11:45 AM PT | Source: MLSListings Inc.

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