Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
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$ 1,500,000
Est. payment | /mo

5,081 SqFt


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$ 1,500,000
Est. payment | /mo
Save

5,081 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $295

Subdivision Adams Point

MLS Listing ID 41111149

HOA Y/N No

Year Built 1915

Lot Size 6,200 Sqft

Acres 0.14

Property Sub-Type 5 or More Units

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 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.

Location

State CA

County Alameda

Rooms

Basement Other, Partial, Storage Space

Interior

Interior Features Storage

Heating Forced Air, Wall Furnace, Other

Cooling None

Flooring Hardwood, Linoleum, Carpet, Other

Fireplace No

Appliance Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater

Laundry Coin Operated, In Basement, Laundry Equip - Owned

Exterior

Utilities Available Wired For Cable TV, Cable Available, Internet Available, Natural Gas Connected, Master Electric Meter, Master Gas Meter

Total Parking Spaces 2

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 1078115

Bridge MLS
Listed by Blake Martini • MARTINI COMPANY REAL ESTATE

GET MORE INFORMATION

Kenneth Jamaca
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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400 Lagunitas