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1777 Sausal St, Oakland, CA 94602

List Price: $2,495,000On Market FlagOn market
Jul 11, 20252,600 sqft5 beds3 baths
Listed by: David Howarth
License #: 01360348
Phone #: 510-822-1331
The Pinza Group, Inc
Source:
CRMLS Logo
MLS #: 41104545

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,948

TurboHome Estimated Value

$1,479,100

$569 sqft

High Valuation
$1,553,055
$597/sqft
Normal Valuation
$1,479,100
$569/sqft
Low Valuation
$1,405,145
$540/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$569/sqft$1,479,100

Neighborhood: Sausal Creek

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Comparative Value

$960K

$1.22M

$1.90M

$2.05M

$2.50M

2320 24th Ave, Oakland, CA 94601

Sale Price: $960,000

Selected Comparable

2914 Georgia St, Oakland, CA 94602

Sale Price: $1,000,000

Selected Comparable

1539 E 38th St, Oakland, CA 94602

Sale Price: $1,218,750

Selected Comparable

1314 Hampel St, Oakland, CA 94602

Sale Price: $1,900,000

Selected Comparable

3901 Oakmore Rd, Oakland, CA 94602

Sale Price: $2,050,000

Selected Comparable

1777 Sausal St, Oakland, CA 94602

List Price: $2,495,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1777 Sausal St, Oakland, CA 94602

1777 Sausal St, Oakland, CA 94602

List: $2,495,000

Listed: 7/11/2025

Area:2,600 sqft
Price/sqft:$960
Beds:5
Baths:3
Year Built:
Lot Size:15,246

Comparable Properties

COMPARABLE
Choose comps
1314 Hampel St, Oakland, CA 94602

1314 Hampel St, Oakland, CA 94602

Sale: $1,900,000

2/11/20250.57 mi

Area:2,516 sqft
Price/sqft:$755
Beds:4
Baths:3
Year Built:
Weight:20.6%
2914 Georgia St, Oakland, CA 94602

2914 Georgia St, Oakland, CA 94602

Sale: $1,000,000

7/7/20250.74 mi

Area:2,293 sqft
Price/sqft:$436
Beds:4
Baths:3
Year Built:
Weight:20.6%
3901 Oakmore Rd, Oakland, CA 94602

3901 Oakmore Rd, Oakland, CA 94602

Sale: $2,050,000

6/18/20250.66 mi

Area:2,964 sqft
Price/sqft:$692
Beds:4
Baths:3
Year Built:
Weight:20.2%
1539 E 38th St, Oakland, CA 94602

1539 E 38th St, Oakland, CA 94602

Sale: $1,218,750

7/19/20250.40 mi

Area:2,470 sqft
Price/sqft:$493
Beds:4
Baths:2
Year Built:
Weight:19.7%
2320 24th Ave, Oakland, CA 94601

2320 24th Ave, Oakland, CA 94601

Sale: $960,000

6/18/20250.74 mi

Area:2,111 sqft
Price/sqft:$455
Beds:4
Baths:3
Year Built:
Weight:19.0%

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