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3525 Dimond, Oakland, CA 94602

Oakland
Local realty services provided by:CENTURY 21 Classic Estates
3525 Dimond,Oakland, CA 94602
$6,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: samuel hayes, grant chappell
Office: nai northern california510-336-4712
MLS#:41125456
Source:CRMLS

Price summary

  • Price:$6,250,000

About this home

Introducing a rare large-scale value-add opportunity in Oakland’s established residential corridor. This 42-unit, 22,361-square-foot multifamily asset presents investors with substantial lease-up and repositioning potential. The property is currently operating with significant vacancy, offering a rare chance to reset rents to market levels and implement strategic interior upgrades without waiting for natural turnover. In-place rents show notable variance, highlighting clear upside through improved management, renovations, and optimized tenant mix. Zoned RM-4 and constructed in 1963, the building provides scale and density that are increasingly difficult to replicate in today’s regulatory environment.

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Home facts

  • Year built:1963
  • Subdivision & Development:DIMOND DISTRICT
  • Listing ID #:41125456
  • Added:218 day(s) ago
  • Updated:May 13, 2026 at 07:39 AM

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Roof:Tar Gravel
  • Year built:1963
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$6,250,000

Parking

  • Total parking spaces:30
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