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 8.3% cap rate with a 10.3% 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. Seller Financing Available with $800k Down Payment.
6,200 Sq Ft Lot Size
Investment
Built in 1915
MLS/Listing ID 41111551
8 Units
Lot - Yard
Lot - Corner Lot
Parking - Garage
Shingle
Heating - Forced Air
Heating - Wall Furnace
Carpet
Vinyl
Natural Wood
Dryer
Gas Water Heater
Washer
TOTAL MONTHLY COST
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