1777 Sausal St Oakland, CA 94602
Reservoir Hills NeighborhoodEstimated payment $15,788/month
Highlights
- 15,100 Sq Ft lot
- No HOA
- Heating Available
- Wood Flooring
- Cooling Available
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.
Property Details
Home Type
- Apartment
Year Built
- Built in 1965
Lot Details
- 0.35 Acre Lot
Flooring
- Wood
- Tile
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 268039
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | For Sale | $2,495,000 | -- | $264 / Sq Ft |
Source: bridgeMLS
MLS Number: 41104545

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