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ResidentialIncome — 400 Lagunitas, Oakland, CA

$1,325,000

400 Lagunitas, Oakland, CA

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About this property

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.

Property details

Year built
1915
Property type
ResidentialIncome

Location

400 Lagunitas • Oakland, CA 94610

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Listed by

Blake Martini · MARTINI COMPANY REAL ESTATE