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400 LagunitasOakland, CA 94610

For Sale

$1,500,000

Smart Buyer Rebate $15,000

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.

Listed by Blake Martini

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License #01908725

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MARTINI COMPANY REAL ESTATE

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blake@martinicompany.com

Last updated September 20, 2025

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Source: bridgeMLS #41111551

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams Point
  • Days on Prevu40
  • Size5,081 sqft
  • Price per sqft$295

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

09/13/2025
Listed by MARTINI COMPANY REAL ESTATE
$1,500,000

Property Details for 400 Lagunitas

Association

Amenities

  • Community Features: Other

Exterior

Construction

  • Number Of Units Total: 8
  • Year Built: 1915
  • Construction Materials: Other, Shingles
  • Exterior Features: Side Yard

Measurements

  • Building Area Total: 5,081
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,200
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 1078115

Interior

Features

  • Appliances: Dryer, Washer, Gas Water Heater
  • Flooring: Hardwood, Vinyl, Carpet, Other, Engineered Wood
  • Interior Features: Storage

Measurements

  • Living Area: 5,081
  • Living Area Units: Square Feet

Rooms

  • Basement: Partial, Storage Space

Other

Location

  • Subdivision Name: ADAMS POINT

Parking

Parking

  • Parking Features: Detached, Other

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Heating: Forced Air, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Coin Operated, In Basement, Laundry Equip - Owned
  • Utilities: Cable Available, Natural Gas Connected, Master Electric Meter, Master Gas Meter

Based on information from bridgeMLS 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.