Bought with OUT OF AREA
$1,181,900
$1,325,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
5,081 SqFt
SOLD DATE : 09/28/2026
Key Details
Sold Price $1,181,900
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Sold
Purchase Type For Sale
Square Footage 5,081 sqft
Price per Sqft $232
MLS Listing ID EB41111551
Sold Date 09/28/26
Year Built 1915
Lot Size 6,200 Sqft
Property Sub-Type Multiple Dwellings / Structures
Source Bridge MLS
Property 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 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.
Location
State CA
County Alameda
Area Oakland Zip Code 94610
Interior
Heating Forced Air, Wall Furnace
Cooling Air Conditioning - None
Flooring Other, Vinyl, Carpet - Wall to Wall, Hardwood
Laundry In Basement, Other, Coin Operated, Washer, Washer/Dryer - Owned, Dryer
Exterior
Exterior Feature Other
Parking Features Detached Garage, Other
Garage Spaces 5.0
Roof Type Composition
Building
Water Heater - Gas
Others
Tax ID 10-781-15
Special Listing Condition Not Applicable
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