---
listing_id: EB41111149
status: Pending
price: 1325000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 5081
sqft_lot: 6200
lot_acres: 
year_built: 1915
property_type: Residential Income
property_subtype: 
address: "400 Lagunitas"
city: Oakland
state: CA
zip: 94610
county: "Alameda County"
lat: 37.8101052
lng: -122.2512198
days_on_market: 257
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Blake Martini"
list_office: "MARTINI COMPANY REAL ESTATE"
list_agent_phone: "(925) 286-2737"
list_agent_license: 01908725
mls_source: MAXEBRDI
modified: 2026-05-23
transaction_type: buy
---

Home | Alameda County | Oakland | 94610 | 400 Lagunitas

400 Lagunitas, Oakland, CA 94610

MLS: EB41111149 | Status: | Price: $1,325,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
5,081 6,200 1915

Remarks

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.

MLS Listing Information

Field Value
MLS # EB41111149
MLS Source Bridge MLS

Features

Interior Features

Feature Details
Appliances Dryer
Flooring Carpet - Wall to Wall, Hardwood, Linoleum, Other
Cooling None
Heating Forced Air, Wall Furnace

Exterior Features

Feature Details
Roof Composition

Parking, School, and Other Information

Feature Details
Garage/Parking Detached, Guest / Visitor Parking, Other, Garage: Car(s)
Complex Amenities Other

Contact Information

Blake Martini
MARTINI COMPANY REAL ESTATE
License #: 01908725
Phone: (925) 286-2737

Property Units

# Buildings # Leased Units # Total Units
8

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 2 0/0
2 1 0/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Cleveland Elementary School public K-5 0.58 mi 6
Westlake Middle School public 6-8 0.65 mi 2
Oakland High School public 9-12 0.93 mi 4
Street Academy (Alternative) public 9-12 0.93 mi 2
Dewey Academy public 9-12 0.99 mi 3
Beach Elementary School public K-5 1.00 mi 8
Bella Vista Elementary School public K-5 1.02 mi 4
La Escuelita Elementary School public K-5 1.04 mi 2
Metwest High School public 9-12 1.09 mi N/A
MetWest High public 9-12 1.09 mi 4
Wildwood Elementary School public K-5 1.10 mi 9
Neighborhood Centers Adult Education public UG 1.12 mi N/A
Lincoln Elementary School public K-5 1.13 mi 9
Franklin Elementary School public K-5 1.16 mi 7
Gateway To College at Laney College School public 9-12 1.20 mi 7
Piedmont Middle School public 6-8 1.26 mi 8
Crocker Highlands Elementary School public K-5 1.29 mi 9
Piedmont Avenue Elementary School public K-5 1.29 mi 5
Millennium High Alternative School public 9-12 1.30 mi 7
Piedmont Preschool public UG 1.30 mi N/A

Nearby Homes

Address Price Beds Baths Sq Ft Status
3101 West St $1,185,000 0 Active
670 32nd St $1,200,000 4,197 Active
4989 Shafter Avenue $1,095,000 2,452 Active
881 Erie St $1,450,000 4,248 Active
548 37th St $1,095,000 3,685 Active

Disclosures

©2026 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of May 23, 2026. For the most current information, please contact Blake Martini, (925) 286-2737.