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About the Listing BMLS-OBOMCORE - BMLS-r01908725,BMLS-CR141211
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 Highlights
Status
Pending
Days on Site
351
Property Type
Multi-Family
MLS ®
41111551
Year Built
1915
Total Square Footage
0
Lot/Acreage
0.14
County
Alameda
Neighborhood
Adams Point
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating: Forced Air,Wall Furnace
- Fireplaces:
- Floor: Carpet,Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Roof: Shingle
- Others: See Remarks,2+ Total Units,Has ADU
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 1078115
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
400 Lagunitas Oakland, CA 94610
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