1777 Sausal St, Oakland, CA 94602
Local realty services provided by:ERA North Orange County Real Estate
1777 Sausal St,Oakland, CA 94602
$2,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:david howarth
Office:the pinza group, inc
MLS#:41104545
Source:CRMLS
Price summary
- Price:$2,495,000
About this home
www.1777Sausal.com; 10-unit apartment complex up in the Oakland hills next to the Dimond district with strong current income and excellent rental upside. The current cap rate is 7.08% and the current GRM is 9.41. The unit mix is ideal and offers nine 2bd/1bth units and one 1bd/1bth unit spread across two 5-unit buildings. The properties were built in 1965, offer approximately 9,448 square feet of rental space and a combined lot size of 15,100 square feet with 10 off-street parking spaces. The property has been extensively remodeled and offers updated kitchens and bathrooms, new paint, double pane windows, hardwood floors, custom lighting, and a new roof installed in 2025. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment. Currently there is one vacant unit making this perfect for an owner-occupant or an investor looking to lease at a top market rate. This is a perfect opportunity for an investor to acquire a property in a high demand neighborhood with excellent long-term potential.
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Home facts
- Year built:1965
- Listing ID #:41104545
- Added:77 day(s) ago
- Updated:September 27, 2025 at 01:27 PM
Structure and exterior
- Year built:1965
- Lot area:0.35 Acres
Utilities
- Water:Private
Finances and disclosures
- Price:$2,495,000
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