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$1,181,900

  • Sold
  • Closed
  • Multi-Family
  • Updated 11 days ago
See This Home
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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.

Full Property Details for 400 Lagunitas

General

  • Sold For: $1,181,900
  • Status: Closed
  • Type: Multi-Family
  • Source: MAX
  • MLS ID: 41111551
  • Added to Site: 392 day(s) ago

Interior

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

Rooms

Other Rooms

  • Laundry: Coin Operated, In Basement, Laundry Equip - Owned

Additional Information

  • Equipment: Other

Exterior

  • Exterior Features: Side Yard

Parking

  • Parking Features: Detached, Other

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: Adams Point
  • Driving Directions: Grand to Euclid

Heating & Cooling

  • Cooling Type: No Air Conditioning
  • Heating Type: Forced Air, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Natural Gas Connected, Master Electric Meter, Master Gas Meter

Structural Information

  • Exterior Const.: Other, Shingles
  • Roof: Composition Shingles
  • Living Area: 5,081 Sq. Ft.
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 6200
  • Lot Features: Corner Lot

Financial Considerations

  • Price Per Sq. Ft.: $261

Disclosures and Reports

  • Property ID: 1078115

Listed by Martini Company Real Estate, Blake Martini
Sold by Out Of Area, OUT OF AREA

Listing agent

— 400 Lagunitas —

  • Blake Martini

    Martini Company Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 400 Lagunitas

School District:Oakland Unified School District
NameGradesDistance
Piedmont Avenue Elementary School
4314 Piedmont Avenue, Oakland, CA 94611
K-51.3 mi
Westlake Middle School
2629 Harrison St., Oakland, CA 94612
6-80.6 mi
Oakland Technical High School
4351 BRd.way, Oakland, CA 94611
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 Lagunitas

Date
Details
Price
Change
Source
9/28/2026
Sold
$1,181,900
-10.8%
MLS
3/16/2026
Price Reduced
$1,325,000
-5.36%
MLS
1/28/2026
Price Reduced
$1,400,000
-6.67%
MLS
9/13/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Martini Company Real Estate, Blake Martini
Sold by Out Of Area, OUT OF AREA

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400 Lagunitas, Oakland, CA 94610 - Photo 1 Sold
$1,181,900

400 Lagunitas  Oakland, CA 94610

  • Commercial Residential Facility
  • Closed
  • Updated 11 days ago
  • 0.14
    Acres
Listed by Martini Company Real Estate, Blake Martini
Sold by Out Of Area - Non Member, OUT OF AREA OUT
455 Lagunitas Ave, Oakland, CA 94610 - Photo 1 Sold
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400 Lagunitas, Oakland, CA 94610 (MLS# 41111551) is a Multi-Family property that was sold at $1,181,900 on September 28, 2026. Want to learn more about 400 Lagunitas? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.