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.
MLS #
EB41104545
MLS Source
Bridge MLS
Days on Site
6
Flooring
Other, Tile, Wood
Cooling
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Water
Private, Public
Complex Amenities
Other
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 10 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 898 | 1 | 0/0 | – | – | – |
2 | 950 | 2 | 0/0 | – | – | – |
1777 Sausal St is a Residential Income in Oakland, CA 94602. This 9,448 square foot property sits on a 0.35 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,495,000 and was built in 1965.
This address can also be written as 1777 Sausal St, Oakland, CA 94602.©2025 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of July 11, 2025. For the most current information, please contact David Howarth, (510) 822-1331