Versatile Mixed-Use Property For
12274 San Pablo Ave Richmond, CA 94805
12274 San Pablo Ave, Richmond, CA, 94805
$820,000
For Sale
$820,000
Fully leased mixed-use property with residential and commercial units.
Property Size1,875 SF
Price / SF$437.33
Days on Market396
Property Features for 12274 San Pablo Ave
General Information
- Standard status
- Active
- Size
- 1,875 SF
Building Details
- Year Built
- 1929
Listing Agency
REAL BROKER
Listed by
KATERINA SELLIS
Source
Corcoran
Added: Jun 21, 2025 Updated: Mar 16 at 9:09 am Checked: Mar 16 at 9:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL BROKER
Investment Insights
Based on property information with market context.
Located at 12274 San Pablo Ave in Richmond, CA, this mixed-use property offers both residential and commercial spaces within a single, fully leased building. The single-story structure, encompassing approximately 1,875 square feet, is situated on a lot of approximately 2,800 square feet. Its location along a high-traffic retail corridor makes it suitable for investors and owner-users alike. The property is zoned for mixed-use and is currently fully leased with three long-term tenants. Each unit has separate gas and electric meters. The building features wood construction and brick. The barber shop unit, approximately 625 square feet, has an open floor plan with a kitchenette, restroom, storage area, and laundry room with hook-ups. It benefits from natural light provided by clerestory windows and a sun tunnel, and features 14-foot ceilings. The tax preparation office, also approximately 625 square feet, offers an efficient layout with an open floor plan, restroom, and rear storage, and features 8-foot ceilings. The loft unit, approximately 625 square feet, has a separate private entrance, an open layout with a full kitchen, one bedroom, a bathroom, and a backyard, and features 14-foot ceilings.
Key Highlights
- Fully leased mixed‑use property providing immediate income.
- High‑traffic location on San Pablo Ave, ideal for commercial tenants.
- Three long‑term tenants in place.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $27.96 |
| − Vacancy | −$3.0k | −$1.62 |
| EGI | $49.4k | $26.34 |
| − OpEx | −$22.2k | −$11.85 |
| NOI | $27.2k | $14.49 |
1,875 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$388.0K
$339.5K – $452.7K
NOI $27,161 @ 7.0% cap · market cap 3.31%
Second Best
Retail
$360.3K
$315.3K – $420.3K
NOI $25,220 @ 7.0% cap · market cap 3.08%
Theoretical Best
Multifamily LT 5
$447.9K
$391.9K – $522.6K
NOI $31,355 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Your Search Is ...
Barber Shop
Noah
Warehouse & Storage
Matthew
Warehouse & Storage
Taylor
Warehouse & Storage
John
Warehouse & Storage
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FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with residential and commercial units.
Where is this mixed-use property located?
The property is located at 12274 San Pablo Ave Richmond, CA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Fully leased mixed‑use property providing immediate income.; High‑traffic location on San Pablo Ave, ideal for commercial tenants.; Three long‑term tenants in place.
