400 Lagunitas Ave

$1,500,000
Price
Beds
Baths
5,081 Sq. Ft.
$295 / Sq. Ft.
5,081
Sq. Ft.
$295
per Sq. Ft.

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....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.

Property Details for 400 Lagunitas Avenue

City
OAKLAND
Dist Neighborhood Subdiv
ADAMS POINT
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Detached Garage, Guest / Visitor Parking, Other
Total # Parking Spaces
2
LISTING UPDATED: 12/01/2025 05:26 AM

Property Details for 400 Lagunitas Avenue

StatusActive
MLS #41111149
Days on Compass100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1915
Lot Size0.14 AC / 6,200 SF
CountyAlameda County

Location

Listing Courtesy of MARTINI COMPANY REAL ESTATE, Blake Martini, DRE #01908725
Add your commute

Building Information for 400 Lagunitas Avenue

Stories-Residences8Year Built1915Building Size-Lot Size0.14 AC / 6,200 SF

Payment Calculator

$9,588 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$2,176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 Lagunitas Avenue

Features
Feature Details
  • Flooring: Carpet, Hardwood, Linoleum, Other
  • Laundry: Coin Operated, In Basement, Laundry Equip - Owned
Room Details
  • Additional Rooms: Basement - Storage Area, Basement - Partial
Utility Details
  • Cooling: None
  • Heating: Forced Air 1 Zone, Other, Wall Furnace
  • Water/Sewer: PublicSewer, Water District
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Cable Available, Dryer, Gas Water Heater, Internet Available, Master Electric Meter, Master Gas Meter, Natural Gas Connected, Other, Smoke Detector(s), Washer
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Corner Lot
  • Lot Sq Ft Apx: 6200
  • Lot Size Square Feet: 6200.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 5081
  • Year Built: 1915
Location Details
  • Directions to Property: Grand to Euclid
  • FIPS Code: 06001
  • Census Tract: 4037.02/
  • Parcel Number: 10-781-15
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Oven Range Free Standing, Refrigerator
  • Some Units Have: Updated Baths, Updated Kitchen
  • Units Total: 8
  • Basement: Partial, Storage Area, Other
  • Tenant Pays: Other
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Other
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 1
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
Unit 2
  • Unit 2 # Units This Type?: 4
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
Unit 3
  • Unit 3 # Units This Type?: 3
  • Unit # 3 # of Bedrooms: 0
  • Unit # 3 # of Bathrooms: 1
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage, Other, Wired For Cable TV
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Other, Pest
  • On Site Parking Description: Detached Garage, Guest Parking, Other
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 400 Lagunitas Avenue

DateEvent & SourcePriceAppreciation
Sep 13, 2025

Listed (Active)

MLSListings #EB41111551

$1,500,000
Sep 13, 2025

Listed (Active)

EBRD #41111551

$1,500,000
Sep 10, 2025

Listed (Active)

MLSListings #EB41111149

$1,500,000
Sep 10, 2025

Listed (Active)

EBRD #41111149

$1,500,000
Jun 3, 2021

Sold

MLSListings #EB40912573

$1,465,000
Jun 3, 2021

Sold

EBRD #40912573

$1,465,000
May 28, 2021

Sold (Public Record)

Public Record #1462810763

$1,465,000
Mar 19, 2021

Pending

EBRD #40912573

Mar 19, 2021

Pending

MLSListings #EB40912573

Dec 4, 2020

Price Change

EBRD #40912573

$1,595,000
Dec 4, 2020

Price Change

MLSListings #EB40912573

$1,595,000
Aug 31, 2020

Price Change

EBRD #40912573

$1,700,000
Aug 31, 2020

Price Change

MLSListings #EB40912573

$1,700,000
Jul 16, 2020

Listed (Active)

MLSListings #EB40912573

$1,850,000
Jul 16, 2020

Listed (Active)

EBRD #40912573

$1,850,000
DateEvent & SourcePrice
09/13/2025

Listed (Active)

MLSListings #EB41111551

$1,500,000
09/13/2025

Listed (Active)

EBRD #41111551

$1,500,000
09/10/2025

Listed (Active)

MLSListings #EB41111149

$1,500,000
09/10/2025

Listed (Active)

EBRD #41111149

$1,500,000
06/03/2021

Sold

MLSListings #EB40912573

$1,465,000
06/03/2021

Sold

EBRD #40912573

$1,465,000
05/28/2021

Sold (Public Record)

Public Record #1462810763

$1,465,000
03/19/2021

Pending

EBRD #40912573

03/19/2021

Pending

MLSListings #EB40912573

12/04/2020

Price Change

EBRD #40912573

$1,595,000
12/04/2020

Price Change

MLSListings #EB40912573

$1,595,000
08/31/2020

Price Change

EBRD #40912573

$1,700,000
08/31/2020

Price Change

MLSListings #EB40912573

$1,700,000
07/16/2020

Listed (Active)

MLSListings #EB40912573

$1,850,000
07/16/2020

Listed (Active)

EBRD #40912573

$1,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400 Lagunitas Avenue

Taxable ValueLand$519,561Additions$1,062,936Total$1,582,497
Tax Record2025$26,118 ($2,176 / month)
Home Facts
Total Finished SqFt5,081 SqFtAbove Grade Finished SqFt5,081 SqFtStories3Lot Size6,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1915CountyALAMEDAAPN10-781-15

Schools near 400 Lagunitas Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Piedmont Avenue Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

AIMS College Prep High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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400 Lagunitas Avenue is a multi-family home for sale in Oakland, CA 94610. This property was listed for sale on September 10, 2025 by MARTINI COMPANY REAL ESTATE, it's currently listed at $1,500,000. It has been on the market for a total of 100 days and was last sold on June 3, 2021. This listing's school district is Oakland Unified School District. Nearby schools include Piedmont Avenue Elementary School, Westlake Middle School and Oakland Technical High School. 400 Lagunitas Avenue is a 0-bed, 0-bath, 5,081 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MARTINI COMPANY REAL ESTATE, Blake Martini, DRE #01908725

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.