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  • 400 Lagunitas

400 Lagunitas, Oakland, CA 94610

$1,325,000 Approx. USD 0 beds, 0 baths

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
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Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Blake Martini | blake@martinicompany.com
Lic#: 01908725
Broker: Courtesy of MARTINI COMPANY REAL ESTATE
Phone: 925-286-2737

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 41111551
List price is $1,325,000 Reduced by $75,000 on 3/16/2026
Price: $1,325,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1915
0.14 acres
Lot size: 0.1423
Subdivision: ADAMS POINT
County: Alameda
Construction: See Remarks
Appliances: Gas Water Heater,Dryer,Washer
Parking description: Garage,Other
Lot description: Corner Lot,Yard
Heating description: Forced Air,Wall Furnace

Last Updated: 9/14/2026

 Days On Market (DOM): 310

 Find more Oakland homes and real estate

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 Find more homes in the ADAMS POINT subdivision

Lat/Long: 37.809999, -122.251231.
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Source: CRM. Also Available in 41111149,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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