400 Lagunitas, Oakland, CA 94610
  • MLS#: 41111149 ( )
  • Street Address: 400 Lagunitas
  • Viewed: 1
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1915
  • Bldg sqft: 0
  • Days On Market: 65
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94610
  • Subdivision: Adams Point
  • Provided by: MARTINI COMPANY REAL ESTATE
  • Contact: Blake Blake
  • California Regional MLS IDX
  • DMCA Notice
  • 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 Joes, and Whole Foods, this is a rare chance to secure a high performing multifamily asset in one of Oaklands most desirable rental markets. Contract Broker for additional information.
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Features
Appliances
  1. Gas Water Heater
Association Fee
  1. 0.00
Construction Materials
  1. See Remarks
Cooling
  1. None
Heating
  1. Forced Air
  2. Wall Furnace
  3. See Remarks
Laundry Features
  1. Dryer Included
  2. Washer Included
Lot Features
  1. Corner Lot
Parcel Number
  1. 1078115
Roof
  1. Shingle
Sourcesystemkey
  1. 41111149:BMLS
Subdivision Name Other
  1. ADAMS POINT
Year Built
  1. 1915