$2,495,000

1777 Sausal St Oakland, CA 94602

Reservoir Hills Neighborhood

Estimated payment $16,314/month

Total Views 598
-- Bed
-- Bath
9,448 Sq Ft
$264 Price per Sq Ft

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.

Listing Agent

David Howarth

The Pinza Group, Inc License #01360348 Listed on: 07/11/2025

Map

Property Details

Home Type

Condominium

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Apt Complex
  • Property Type: COMM RI MULTI-UNITS 5+
  • Co List Office Mls Id: OBPINZA
  • Directions: Sheffield Ave right Sausal St
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Other Equipment: Other

Exterior Features

  • Construction Type: Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Other
  • Heating Yn: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 15100

Tax Info

  • Tax Tract: 94602

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Source: bridgeMLS

MLS Number: 41104545

bridgeMLS

California Alameda County Oakland 94602 Reservoir Hills

1777 Sausal St, Oakland, CA

This home is located at 1777 Sausal St, Oakland, CA 94602 and is currently priced at $2,495,000, approximately $264 per square foot. This property was built in 1965. 1777 Sausal St is a home located in Alameda County with nearby schools including Glenview Elementary School, Edna Brewer Middle School, and Oakland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Listing Agent
David Howarth
The Pinza Group, Inc