$1,325,000

400 Lagunitas, Oakland, CA 94610

Multi-Family Home
Built in 1915
6,199sqft lot
—— car garage
$——/sqft
Listed 8 months ago

Property 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 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.

Listing Status:: Active
Date Added:: September 13, 2025
Data Last Updated:: May 20, 2026 at 7:16AM
Listing Office:: MARTINI COMPANY REAL ESTATE : 925-286-2737
Listing Agent:: Blake Martini : 925-286-2737
MLS ID:: 41111551

Appliances: Gas Water HeaterDryerWasher
Flooring: CarpetVinylWood
A/C: None
Heating: Forced AirWall Furnace

Parking: GarageOtherParking spaces: 5

Roofing: Shingle
General: See Remarks

HOA Amenities: 0.0
Originating MLS: CRMLS_BMLS
County: Alameda

Zoning: 1078115

Sewer: Public Sewer

Source: CRMLS_BMLS

This listing courtesy of Blake Martini , MARTINI COMPANY REAL ESTATE

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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