400 Lagunitas

Oakland , CA 94610

MLS#: 41111149

$1,500,000

Status: Active
Listing number: 41111149
Listing provided by: MARTINI COMPANY REAL ESTATE
Listing agent phone: None
Last update: 24 days ago
On site: 30 days ago
Browse Properties
ADAMS POINT - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

N/A

Outstanding value-add opportunity in Adams Point! This 8-unit converted mansion offers a mix of renovated units with significant upside through further improvements and ADU potential. Current 7.62% cap rate with a 9.5% market cap, delivering both strong cash flow and future returns. Ideally located near Lake Merritt, Uptown, and major retailers including Trader Joe’s, and Whole Foods, this is a rare chance to secure a high-performing multifamily asset in one of Oakland’s most desirable rental markets. Contract Broker for additional information.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air, See Remarks, Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    See Remarks

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.1423

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Alameda

Elementary School

Middle School

High School

Listing Courtesy of Blake Martini , MARTINI COMPANY REAL ESTATE

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Outstanding value-add opportunity in Adams Point! This 8-unit converted mansion offers a mix of renovated units with significant upside through further improvements and ADU potential. Current 7.62% cap rate with a 9.5% market cap, delivering both strong cash flow and future returns. Ideally located near Lake Merritt, Uptown, and major retailers including Trader Joe’s, and Whole Foods, this is a rare chance to secure a high-performing multifamily asset in one of Oakland’s most desirable rental markets. Contract Broker for additional information.

400 Lagunitas

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