400 Lagunitas, Oakland, CA 94610

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
400 Lagunitas,Oakland, CA 94610
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:blake martini
Office:martini company real estate
MLS#:41111551
Source:CRMLS

Price summary

  • Price:$1,500,000

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 14, 2025 at 03:42 AM

Heating and cooling

  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1915
  • Lot area:0.14 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
Based on information from California Regional Multiple Listing Service, Inc. as of September 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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