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Oakland Hills 10-Unit Apartments 1777-1781 Sausal St 10 Unit Apartment Building $3,482,820 CAD ($348,282 CAD/Unit) 7.08% Cap Rate Oakland, CA 94602

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INVESTMENT HIGHLIGHTS

  • 10-unit Apartment Complex Featuring Two Five Unit Buildings with Nine 2bd/1bth Units and One 1bd/bth Unit
  • Remodeled Units, Off-Street Parking, Double Pane Windows, Coin-Op Laundry, and New Roof in 2025
  • Nearly 100% Occupied with No Deferred Maintenance
  • Popular Dimond District Location with Strong Current Income and Excellent Rental Upside
  • Easy to Manage Property, Separately Metered For PG&E, with Low Annual Operating Expenses

EXECUTIVE SUMMARY

10-unit apartment complex spread across two five-unit buildings featuring nine 2bd/1bth units and one 1bd/1bth unit with strong current income and excellent rental upside. The properties were built in 1965, offer approximately 9,450 square feet of rental space and a combined lot size of 15,100 square feet with 10 off-street parking spaces in the rear. 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 high demand Oakland hills location next to the Dimond District and near the popular Redwood Day K-8 School. The neighborhood is family focused with many single-family homes making this popular choice for tenants.
*****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

PROPERTY FACTS

Price $3,482,820 CAD
Price Per Unit $348,282 CAD
Sale Type Investment
Cap Rate 7.08%
Gross Rent Multiplier 9.41
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 9,448 SF
No. Stories 2
Year Built 1964
Parking Ratio 1.06/1,000 SF
Zoning RM-3

AMENITIES

UNIT AMENITIES

  • Eat-in Kitchen

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 9 - 950
1+1 1 - 898 - 900
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 026-0803-010-00
  • 026-0803-009-00
Land Assessment
$637,175 CAD
Improvements Assessment
$1,949,414 CAD
Total Assessment
$2,586,589 CAD
  • Listing ID: 35868029

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 1777-1781 Sausal St, Oakland, CA 94602

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