Property Detail

400 Lagunitas

Oakland CA 94610

$1,500,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Blake Martini of MARTINI COMPANY REAL ESTATE. Last updated 2025-09-14 08:12:11.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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