About 400 Lagunitas
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.
Features of 400 Lagunitas
| MLS® # | 41111149 |
|---|---|
| Price | $1,325,000 |
| Bathrooms | 0.00 |
| Lot Size | 6,200 |
| Year Built | 1915 |
| Type | Residential Income |
| Status | Pending |
| # Of Units | 8 |
Community Information
| Address | 400 Lagunitas |
|---|---|
| Subdivision | ADAMS POINT |
| City | Oakland |
| County | Alameda |
| Zip Code | 94610 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Gas Water Heater, Washer |
|---|---|
| Heating | Forced Air, See Remarks, Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | See Remarks |
|---|---|
| Lot Description | Corner Lot |
| Roof | Shingle |
| Construction | See Remarks |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Days on Market | 226 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Blake Martini |
|---|---|
| Office | MARTINI COMPANY REAL ESTATE |