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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 Type(s):
Residential Income
| Last Updated | 9/13/2025 | Tract | ADAMS POINT |
|---|---|---|---|
| Year Built | 1915 | County | Alameda |
Additional Details
| APPLIANCES | Dryer, Gas Water Heater, Washer |
|---|---|
| CONSTRUCTION | See Remarks |
| GARAGE | Yes |
| HEAT | Forced Air, Wall Furnace |
| LOT | 6199 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Garage, Other |
| SEWER | Public Sewer |
| SUBDIVISION | ADAMS POINT |
Location
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Listed with MARTINI COMPANY REAL ESTATE
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