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$222,000
41142829 MLS
Rare two-parcel hillside opportunity with stunning Bay views and street access in highly desirable Point Richmond neighborhood. This exceptional offering includes two adjacent lots totaling approximately 15,225 sqft providing outstanding flexibilty for building a custom home or holding as a long-term investment. Parcel 1 - approximately 9,214 sqft. Premier building parcel with access from Crest Drive and Scenic Drive. Ideal for multi-level home. Minutes to local restaurants, grocery stores, and everyday conveniences. Near waterfront parks, marinas, beaches, kayaking spots, and shoreline walking trails. Parcel 2 - approximately 6,011 sqft. Secondary parcel with access from Scenic Drive. Excellent for guesthouse, workshop, studio, rental or added privacy or open space. Seller open to 50% financing. Call 510-685-3596.

Crest Ave, Richmond

$899,000
2 Beds 1 Baths 41140506 MLS
Lumiere House was built by Walter Thomas Brooks and his family as their private residence. In quirky, quiet Pt Richmond, on a waterfront lot that is beautifully terraced and landscaped. Surrounded by mature fruit trees, fish ponds, walls of ferns, and reflecting pools. With views of Mt Tam, Golden Gate Bridge, Richmond Bridge, sail boats and ships, it's hard to take your eyes off the water. Brooks synthesized many of his design concepts into his home. Including: crystalline structures that refract light like a prism by making the walls of the home translucent. Earth shelter design focused on a small footprint, passive solar, and sleek lines that are copacetic with nature. Aerodynamic ship building sensibility seen in the built-in furniture, prow shaped front of the home, 2 mezzanines, and crow's nest at the top. With walkways that appear to float in water, cathedral like ceilings, walls of ocean facing windows, even the detached garage has a Golden Gate Bridge view. The ground floor contains the living room, kitchen, primary bedroom, and bathroom. Functional kitchen with open shelving, refrigerator, dishwasher, oven, and counter top range. The bathroom has a walk-in shower, elegant hardware, and terra cotta tile floors. Upstairs is the 2nd bedroom and built- in office. 3rd floor with built in shelving and desk plus space to lounge and watch the boats go by. The crows nest roof top deck is at the very top of the home, with unparalleled views of the bay. This 2 bedroom / 1 bath home has been featured in numerous publications, including the inaugural volume of Dwell (October, 2000), Fine Homebuilding, Sunset Magazine, and Newsweek. Lumiere House will surely inspire conversation and admiration. A unique architectural home with world class bay views, dreamy gardens and water features, and serene energy. It cannot be missed! Open Saturday, 7/25, 2-4 and Sunday, 7/26, 2-4. OFFERS DUE 7/29 BY 5pm.

331 Western Dr, Richmond

$2,990,000
41140282 MLS
nstitutional-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.

1 W Richmond Ave, Richmond