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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by Blake Martini • MARTINI COMPANY REAL ESTATE

$ 1,500,000

Est. payment -/mo

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New

400 Lagunitas Oakland, CA 94610

3 Beds

3 Baths

5,081 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $295

MLS Listing ID EB41111149

Bedrooms 3

Year Built 1915

Lot Size 6,200 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94610

Interior

Heating Forced Air, Wall Furnace

Cooling None

Flooring Linoleum, Other, Carpet - Wall to Wall, Hardwood

Laundry In Basement, Laundry Facility - Coin-Op, Washer/Dryer - Owned, Dryer

Exterior

Exterior Feature Other

Parking Features Detached Garage, Guest / Visitor Parking, Other

Garage Spaces 3.0

Roof Type Composition

Building

Sewer Sewer - Public

Others

Tax ID 10-781-15

Special Listing Condition New, Not Applicable