400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
400 Lagunitas, Oakland, CA 94610
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Kevin Kieffer

Kevin Kieffer

+1(925) 300-8000
Listed by MARTINI COMPANY REAL ESTATE 
$ 1,325,000
Est. payment | /mo

5,081 SqFt

Save
$ 1,325,000
Est. payment | /mo
Save

5,081 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $260

Subdivision Adams Point

MLS Listing ID 41111149

HOA Y/N No

Year Built 1915

Lot Size 6,200 Sqft

Property Sub-Type 5 or More Units

Source Bridge AOR

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 8.8% cap rate with a 11% 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

Interior

Heating Forced Air, Wall Furnace, Other

Cooling None

Flooring Hardwood, Linoleum, Carpet, Other

Fireplace No

Appliance Free-Standing Range, Refrigerator, Dryer, Washer

Laundry Coin Operated, In Basement, Laundry Equip - Owned

Building

Lot Description Corner Lot

Water Water District

Kevin Kieffer

"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA, 94596, USA

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