CA > Oakland > Adams Point
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
Oakland, CA 94610,400 Lagunitas
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,500,000
Est. payment /mo
6,198 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Adams Point

MLS Listing ID 41111149

HOA Y/N No

Year Built 1915

Lot Size 6,198 Sqft

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.

Location

State CA

County Alameda

Interior

Heating Forced Air, See Remarks, Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Shingle

Total Parking Spaces 3

Building

Lot Description Corner Lot

Others

Tax ID 1078115

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CRMLS – RECore
Listed by Blake Martini MARTINI COMPANY REAL ESTATE
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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