5,081 sqft
$1,181,900
400 Lagunitas, Oakland CA, 94610
Price per sqft$232.61
Built in1915
Property size5,081 sqft
Property typeResidential
Overview
Sold
Listed Sep 13, 2025
Updated 10 days ago
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.
Additional information
- MLS® ID
- 41111551
Interior Features
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.14 Acres
Other Property Details
- Garage
- Yes
Listed by Blake Martini, with MARTINI COMPANY REAL ESTATE
Listing Contact: 925-286-2737
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