400 Lagunitas, Oakland, CA 94610

0 beds 0 baths 6,200 sq.ft.

Offerered at: $1,500,000.00

Project/Tract: ADAMS POINT
County: Alameda
Year Built: 1915
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active