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400 Lagunitas, Oakland, CA 94610

Oakland
Local realty services provided by:CENTURY 21 Masters
400 Lagunitas,Oakland, CA 94610
$1,325,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: blake martini
Office: martini company real estate
MLS#:41111551
Source:CRMLS

Price summary

  • Price:$1,325,000

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 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.

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Home facts

  • Year built:1915
  • Listing ID #:41111551
  • Added:185 day(s) ago
  • Updated:March 16, 2026 at 09:29 PM

Rooms and interior

  • Flooring:Carpet, Vinyl, Wood

Heating and cooling

  • Heating:Forced Air, Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1915
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot, Yard

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,325,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:5
  • Parking description:Garage
  • Garage:Yes
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