1777 Sausal St St, Oakland, CA 94602 (MLS # 41104545)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/11/2025 |
|---|---|---|---|
| YEAR BUILT | 1965 | COUNTY | Alameda |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| CONSTRUCTION | See Remarks |
| HEAT | See Remarks |
| LOT | 0.3466 acre(s) |
| WATER | Private |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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