3257 Delaware St Oakland, CA 94602

Building Details

Year Built

1955

Listing agency Compass w***@bosgroupcre.com Show Phone

Listed by Willem Bos · License #02013980 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 1:18PM Checked: Jul 21 at 7:03AM

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Investment Insights

Based on property information with market context.

Located in Oakland’s Dimond District, this five-unit multifamily property is positioned just above Interstate 580. The property features a unit mix consisting of two oversized two-bedroom units with dedicated dining areas, two spacious one-bedroom one-bath units, and one three-bedroom two-bath unit. The three-bedroom unit is currently rented at $3,200 per month. The Dimond District is known for its residential charm, proximity to Dimond Park, local retail along MacArthur Boulevard, and easy freeway access. The location attracts a strong tenant base drawn to the area’s neighborhood feel combined with urban convenience. The property has a bike score of 67, indicating it is bikeable. The walk score is 70, indicating it is somewhat walkable. The transit score is 52, indicating good transit options.

Key Highlights

• Strong Cash Flow: Delivers a compelling 6.15% CAP rate and 10.26 GRM.
• Highly Desirable Location: Situated in Oakland’s Dimond District, known for its residential charm and urban convenience.
• Attractive Unit Mix: Features a desirable mix of two‑bedroom, one‑bedroom, and a three‑bedroom unit.

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FAQs

What type of property is this?

Apartment building - Five-unit multifamily property in Oakland's Dimond District.

Where is this apartment building located?

The property is located at 3257 Delaware St Oakland, CA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Strong Cash Flow: Delivers a compelling 6.15% CAP rate and 10.26 GRM.; Highly Desirable Location: Situated in Oakland’s Dimond District, known for its residential charm and urban convenience.; Attractive Unit Mix: Features a desirable mix of two‑bedroom, one‑bedroom, and a three‑bedroom unit.