400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
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Listed by Blake Martini • MARTINI COMPANY REAL ESTATE
$1,325,000
Est. payment /mo
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5,081 SqFt
Pending

400 Lagunitas Oakland, CA 94610

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $260

Subdivision Adams Point

MLS Listing ID 41111551

HOA Y/N No

Year Built 1915

Lot Size 6,200 Sqft

Property Sub-Type OTHER

Source Bridge AOR

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.

Location

State CA

County Alameda

Interior

Heating Forced Air, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Vinyl, Carpet, Other, Engineered Wood

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry Coin Operated, In Basement, Laundry Equip - Owned

Building

Lot Description Corner Lot

Water Public

Others

Special Listing Condition Standard


Bay East Association of Realtors

NEARBY SCHOOLS & PROPERTIES

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Frances Wang

Frances Wang

Agent | CA BRE#: 02054925

+1(408) 332-2552

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400 Lagunitas