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
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Gas Water Heater, Washer |
| BASEMENT |
Partial, Storage Space, Yes |
| CONSTRUCTION |
Other, Shingle Siding |
| GARAGE |
Yes |
| HEAT |
Forced Air, Wall Furnace |
| HOA DUES |
| |
| INTERIOR |
Storage |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Corner lot |
| PARKING |
Detached, Other, Garage |
| SUBDIVISION |
ADAMS POINT |
| UTILITIES |
Natural Gas Available, Cable Available, Natural Gas Connected |
Listing provided by Blake Martini | 925-286-2737MARTINI COMPANY REAL ESTATE
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 9/13/25 7:14 PM PDT.
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