Oakland, CA 94602,1777 Sausal St
Oakland, CA 94602,1777 Sausal St
Oakland, CA 94602,1777 Sausal St
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Listed by David Howarth • The Pinza Group, Inc
$2,495,000
Est. payment /mo
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9,448 SqFt
Active

1777 Sausal St Oakland, CA 94602

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Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 9,448 sqft

Price per Sqft $264

MLS Listing ID 41104545

HOA Y/N No

Year Built 1965

Lot Size 0.347 Acres

Property Sub-Type Apt Complex

Source Bridge AOR

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.

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Flooring Tile, Wood, Other

Fireplace No

Building

Lot Description Other

Water Private


Bay East AOR and Contra Costa AOR

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agent

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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1777 Sausal St