Active

400 Lagunitas

Oakland, CA 94610
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Bed 0

Bed

Bath 0

Bath

SqFt6,200

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $1,325,000

AD Id : 66988349

MLS Id : 41111551

Lot Size : 6,200 Sqft

Year Built : 1915

County : Alameda

Subdivision: Fallbrook

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Sewer: Public Sewer
  • Interior Features

    Roof: Shingle Property Appliances: Gas Water Heater,Dryer,Washer Flooring: Carpet,Vinyl,Wood
  • Cooling Features

    Air Conditioning

    Heating Source

    Forced Air,Wall Furnace Has Heating

  • Building Information

    Year Built: 1915 Construction: See Remarks Roof: Shingle

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1423
  • Lot Size Source: Public Records Lot Size Square Feet: 6200

  • Listing Price Information

    Original List Price: 1,325,000 Listing Contract Date: 2025-09-13

  • Tax Information

    Parcel Number: 1078115

  • Garage and Parking

    Garage Description: Garage,Other

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Grand to Euclid Cross Street: Euclid. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 111 Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Santa Ray Avenue, Oakland, CA, 94610 $1,488,000 4 4 2,145 2,145 SqFt
3214 13th Ave, Oakland, CA, 94610 $949,888 4 2 1,662 1,662 SqFt
Trestle Glen Road, Oakland, CA, 94610 $1,650,000 3 2 1,905 1,905 SqFt
303 Lee St, Oakland, CA, 94610 $6,995,000 -- -- --

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ByOwner last updated this listing 06/05/2026 @ 09:24

MLS: 41111551 LISTED BY: Blake Martini, MARTINI COMPANY REAL ESTATE 925-286-2737 SOURCE: CRMLS

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