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.
Listed by Mark Caloca
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License #02146982
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RE/MAX Accord
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669-238-8878
Listed by John L. Morra
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License #01884598
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RE/MAX Accord
Last updated September 05, 2025
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Source: MLSListings #ML82009280
Listing Facts
TypeMulti-family
NeighborhoodPoint Richmond
Days on Prevu101
Size9,434 sqft
Price per sqft$334
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/16/2025
Price Decreased
$3,150,000
06/01/2025
Listed by RE/MAX Accord
$3,400,000
Property Details for W Richmond
Association
General
Number Of Units In Community: 40
Exterior
Construction
Roof: Composition, Other
Year Built: 1914
Measurements
Building Area Total: 9,434
Lot Size Acres: 0.07
Lot Size Area: 3,398
Lot Size Square Feet: 3,398
Financial
Taxes
Parcel Number: 558-110-005-3
Interior
Features
Appliances: Appliances - Vary By Unit
Flooring: Carpet, Laminate, Other, Tile
Measurements
Living Area: 9,434
Parking
Parking
Carport: Yes
Parking Features: No Garage, On Street
Schools
Elementary School
Elementary School: Washington Elementary_17
Elementary School District: West Contra Costa Unified
High School
High School: Leadership Public Schools: Richmond
High School District: West Contra Costa Unified
Utilities
Equipment
Heating: Electric
Sewer: Public Sewer
Utilities: Other
Water Source: Other
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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