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$1,500,000
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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.
Full Property Details
Full Property Details for 400 Lagunitas
General
- Price: $1,500,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41111149
- Updated: 9/11/2025
- Added to Site: 128 day(s) ago
Interior
- Interior Features: Storage
- Appliances: Free-Standing Range, Refrigerator, Dryer, Washer
- Flooring: Hardwood, Linoleum, Carpet, Other
Rooms
Other Rooms
- Laundry: Coin Operated, In Basement, Laundry Equip - Owned
Additional Information
- Equipment: Other
Parking
- Parking Features: Detached, Guest, Other
Location
- Area: Listing
- County: Alameda
- Subdivision: Adams Point
- Driving Directions: Grand to Euclid
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace, Other
Utilities
- Sewer: Public Sewer
- Water: Water District
- Cable Available: Yes
- Utility Description: Wired For Cable TV, Cable Available, Internet Available, Natural Gas Connected, Master Electric Meter, Master Gas Meter
Structural Information
- Exterior Const.: Other
- Roof: Composition Shingles
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 6200
- Lot Features: Corner Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $295
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 1078115
Listed by Martini Company Real Estate, Blake Martini
Get Pre-Approved Today
Schools
Schools serving 400 Lagunitas
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Piedmont Avenue Elementary School 4314 Piedmont Avenue, Oakland, CA 94611 | K-5 | 1.3 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 0.6 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 Lagunitas
Date
Details
Price
Change
Source
9/10/2025
Listed
$1,500,000
2.39%
MLS
5/28/2021
Sold
$1,465,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 400 Lagunitas
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,118
4%
$1,582,497
2%
2024
$25,058
-4%
$1,551,474
2%
2023
$26,187
4%
$1,521,064
2%
2022
$25,210
313%
$1,491,240
735%
2021
$6,107
1%
$178,522
—
2020
$6,039
14%
$178,289
3%
2019
$5,316
2%
$173,227
2%
2018
$5,198
9%
$169,831
2%
2017
$4,772
5%
$166,501
2%
2016
$4,559
1%
$163,237
2%
2015
$4,519
-5%
$160,784
2%
2014
$4,759
3%
$157,636
—
2013
$4,637
—
$156,924
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 400 Lagunitas
400 Lagunitas, Oakland, CA 94610 (MLS# 41111149) is a Commercial Residential Facility property. 400 Lagunitas is currently listed for $1,500,000 and was received on September 10, 2025. Want to learn more about 400 Lagunitas? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

