$1,325,000
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.
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Listed by Blake Martini with MARTINI COMPANY REAL ESTATE (925) 286-2737
Property Type
Residential Income
Status
Active
MLS Number
41111149
Year Built
1915
Lot Size
6,199 sq ft