400 Lagunitas, Oakland, CA 94610
- $1,325,000
- 5,081
- SqFt
Listed by Blake Martini, (925) 286-2737 from MARTINI COMPANY REAL ESTATE
(If provided) CoList: from
- List Price
- $1,325,000
- Price Change
- ▼ $75,000 1773711405
- MLS#
- EB41111551
- Status
- PENDING (DO NOT SHOW)
- Sqft. of Residence
- 5,081
- Lot Size
- 6,200
- Listing Area
- Oakland Zip Code 94610
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.
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Additional Information
- Acres
- 0.14
- Amenities
- Storage Area(s), Other
- Cooling System
- Air Conditioning - None
- Days On Market
- Unknown
- Energy Features
- Other
- Exterior Features
- Other
- Floor Covering
- Other, Vinyl, Carpet - Wall to Wall, Hardwood
- Garage Parking
- Detached Garage, Other
- Heating System
- Forced Air, Wall Furnace
- Laundry Facilities
- In Basement, Other, Coin Operated, Washer, Washer/Dryer - Owned, Dryer
- Living Area
- 5,081
- Lot Size
- 6,200
- Neighborhood
- Oakland Zip Code 94610
- Numberof Units
- 8
- Other Rooms
- Basement - Storage Area, Basement - Partial
- Roof
- Composition
- Unincorporated Yn
- Yes
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