1. California
2. Oakland
3. 1777 Sausal St

1777 Sausal St, Oakland, CA 94602

• 9,448 sqft

Property Description

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.

Listing Status:

Active

Date Added:

July 11, 2025 at 05:00AM

Listing Office:

The Pinza Group, Inc : 510-725-4775

Listing Agent:

David Howarth : 510-822-1331

MLS ID:

41104545

Interior

• Basement: Other
• Flooring: TileWoodOther
• A/C: Other
• Heating: Other

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of David Howarth, The Pinza Group, Inc