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.
The income description goes here to explain
| List Price | $2,495,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 10 spots |
| Year Built | 1965 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 268039 |
| MLS # | 41104545 |
| Property ID | 321975577 |
| Lot Sqft | 15,100 |
| Zoning | Unknown |
| Total Units | 10 |
| Days on Market | 149 |
| Original List Price | $2,495,000 |
| Date Updated | October 08, 2025 |
| Date Created | July 11, 2025 |
David Howarth an agent of . Lic #01360348
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Robert Crawford
REAL ESTATE AGENT