400 Lagunitas, Oakland, CA 94610
- $1,181,900
- 5,081
- SqFt
Listing courtesy of Blake Martini from MARTINI COMPANY REAL ESTATE. 925-286-2737
Sold listing courtesy of OUT OF AREA from OUT OF AREA
- Sold Price
- $1,181,900
- List Price
- $1,325,000
- Status
- CLOSED
- Days on Market
- 380
- Closing Date
- Sep 28, 2026
- MLS#
- 41111551
- Subtype
- Residential Income
- Year Built
- 1915
- Living Area
- 5,081
- Lot Size
- 6,200
- Acres
- 0.14
- Subdivision
- Adams Point
- Neighborhood
- Adams Point
Property 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 8.8% cap rate with a 11% 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.
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Additional Information
- Flooring
- Hardwood, Vinyl, Carpet, Other, Engineered Wood
- Appliances
- Dryer, Washer, Gas Water Heater
- Heating
- Forced Air, Wall Furnace
- Air Conditioning
- No Air Conditioning
- Exterior Features
- Other, Shingles
- Roof
- Composition Shingles
- Parking Features
- Detached, Other
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