Listing provided courtesy of Blake Martini of MARTINI COMPANY REAL ESTATE. Last updated 2025-09-15 08:12:10.000000. Listing information © 2025 Sandicor.
Asking Price: $1,500,000 |
400 Lagunitas, Oakland CA 94610
Community:
This property was built in 1915 and is priced at $1,500,000. Please see the additional details below.
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.