400 Lagunitas

Property Overview
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.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1915
- Lot size
- 6,200 sq ft
- Parking
- 5 spaces
- Days on market
- 144
- MLS status
- Active
Features & Amenities
Appliances
- Gas Water Heater
- Dryer
- Washer
Parking
- Garage
- Other
Lot
- Corner Lot
- Yard
Community, Schools & Utilities
Community
- Subdivision
- ADAMS POINT
Utilities
- Heating
- ForcedAir,WallFurnace
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
Certified San Diego home inspectors
Schedule an inspectionTrusted local movers
Get a quoteCA homeowners insurance
Get a quoteDisclosure: We may have a referral relationship with selected providers.
Get More Info
TestimonialsCrown Coastal Support Team
Direct support from our real estate team
“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

