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Listed by: Blake Martini (925) 286-2737 DRE #01908725 | MARTINI COMPANY REAL ESTATE (925) 286-2737
$1,500,000
-- Bed
-- Bath
--sqft
400 Lagunitas, Oakland, CA 94610
$1,500,000
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Multi Family
Built in 1915
$-- HOA
6,200 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 2 Minutes ago
- Listing updated: December 3, 2025 at 6:05 pm
- Source: California Regional MLS-CA | MLS#: 41111551
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
- sqft
Lot Size
6,200 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41111551
MLS Status
Active
Days on Market
99
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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