315 25th St Richmond, CA 94804-1770

This exceptional mixed-use property, located at 315 25th Street in Richmond, California, presents a compelling investment opportunity. The 14,418 square foot building boasts 18 residential units – a mix of nine studios and nine one-bedroom apartments – and two prime commercial spaces on the ground floor. Built in 1920, this Class C property sits on a 0.11-acre lot and is currently offered at $3,940,000, representing a price per unit of $197,000 and a 5.93% capitalization rate. Its strategic location in Contra Costa County places it adjacent to the Richmond Civic Center, senior housing, and a senior center, ensuring high visibility and strong community ties. The property benefits from excellent access to public transportation, with proximity to the El Cerrito and Richmond BART stations, and major highway arteries (80, 580, and 4) providing easy connectivity throughout the Bay Area. The combination of residential and commercial spaces creates a diversified income stream, while the unit mix caters to a broad range of tenant needs. The ground floor commercial spaces offer high foot traffic and visibility, making them attractive to a variety of businesses. This property is an ideal investment for those seeking a blend of residential and commercial income in a thriving Bay Area location. The property's strong location and diverse income streams make it a highly attractive investment opportunity.