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10-Unit Mixed-Use Property
For Sale
$2,265,000

652 23rd #656, Richmond, CA 94804

Two connected buildings combine occupied retail and residential space with parking accessed from Grant Avenue.

Property SizeContact for details
Days on Market27

Property Features for 652 23rd #656

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Site & Location

Traffic Count 19,863 vehicles/day
Road Access Yes
Mixed-Use Components retail, residential

Additional Details

Tenant in Place Yes

Amenities

back yard
Heat Pump
Wall Furnace
Varies by Unit
Sewer In & Connected, Electric, Natural Gas Connected

Building Details

Year Built 1920
Year Renovated 2020
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: PMZ Commercial Real Estate
Listed By: David Quinonez · License #01853323
Source: Kw
Added: Oct 7 Changed: Nov 1 Last Checked: Nov 1 at 3:05PM

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 PMZ Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

Two mixed-use buildings at 652/654 and 656 23rd Street contain 10 units: four commercial spaces and six residences. All units are leased, and the buildings were updated in 2020. The residential mix includes one- and two-bedroom studios as well as three-bedroom units. A rear yard, oversized two-car garage, and carport are part of the property.

Pedestrian access between the buildings is provided by a gate, while vehicles enter from Grant Avenue. The property fronts 23rd Street, which is reported at 19,863 ADT. The two buildings are being offered together.

Key Highlights

  • Two buildings offered together with 10 units: 4 commercial and 6 residential
  • All units are leased; building updates completed in 2020
  • Residential mix includes three‑bedroom units and studios ranging from one to two bedrooms

Property Analytics

Current Use

Farmers Insurance - Maria ... Insurance Agency Saran Agency Insurance Agency 5 Star Car ... Loan Service

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Gym & Fitness Center Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,863 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

Demographics for 94804, CA

45,108
Population
16,659
Households
2.7
Avg Household Size
37
Median Age
32%
College-Educated
78%
High-School Grad
6.5 sq mi
ZIP Area
6,940
Density / Sq Mi
$86,430
Median Household Income
$46,473
Median Earnings
$1,825
Median Rent
$618,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected buildings combine occupied retail and residential space with parking accessed from Grant Avenue.
Where is this mixed-use property located?
The property is located at 652 23rd #656 Richmond, CA.
What is the asking price?
The asking price for this property is $2,265,000.
What are key features of this property?
This property features: Two buildings offered together with 10 units: 4 commercial and 6 residential; All units are leased; building updates completed in 2020; Residential mix includes three‑bedroom units and studios ranging from one to two bedrooms
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