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400 Lagunitas
For Sale $1,500,000
$1,500,000
- 8 Units
- Unknown Sq Ft
- 6,200 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,500,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 3 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 1078115 |
| MLS # | 41111149 |
| Property ID | 322171851 |
| Lot Sqft | 6,200 |
| Zoning | Unknown |
| Total Units | 8 |
| Days on Market | 102 |
| Original List Price | $1,500,000 |
| Applicances | Gas Water Heater,Dryer,Washer% |
| Date Updated | December 03, 2025 |
| Date Created | September 10, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Blake Martini an agent of . Lic #01908725
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT