400 Lagunitas, Oakland, CA 94610
List Price: $1.32M
Listing Status: Pending
Original List Price: $1.5M
0Days on Market: 226
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1915
Lot Size: 6,200 sq ft
MLS Number: 41111149
About This Property
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.
Listing provided by: Blake Martini DRE #01908725 925-286-2737 blake@martinicompany.com, MARTINI COMPANY REAL ESTATE
Source: CRMLS, MLS #: 41111149
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.