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400 Lagunitas Ave, Oakland, CA 94610
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$1,500,000
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Home Details for 400 Lagunitas Ave
Price
$1,500,000
Type
other
Year Build
1915
Lot Size
0.1423
County
Alameda
MLS®️ Listing#
41111149
On exitrealty.com
136 days
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.
- Heating Information
- Forced Air
- See Remarks
- Wall Furnace
- Cooling Information
- None
Listing Courtesy: MARTINI COMPANY REAL ESTATE - 925-286-2737. Presented by: Blake Martini
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-29 13:01:23 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.
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$1,500,000
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.