400 Lagunitas, OAKLAND, CA 94610

Local realty services provided by:ERA Excel Realty
400 Lagunitas,OAKLAND, CA 94610
$1,500,000
  • - Beds
  • - Baths
  • 5,081 sq. ft.
  • Multi-family
  • Active
Listed by:blake martini(925) 286-2737
Office:martini company real estate
MLS#:41111551
Source:CAREIL

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$295.22

About this home

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.

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Home facts

  • Year built:1915
  • Listing ID #:41111551
  • Added:1 day(s) ago
  • Updated:September 16, 2025 at 04:24 PM

Rooms and interior

  • Living area:5,081 sq. ft.

Heating and cooling

  • Cooling:No Cooling
  • Heating:Central Forced Air, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1915
  • Building area:5,081 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:City/Public, Gas Water Heater
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$295.22
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