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3257 Delaware St Oakland, CA 94602

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For Sale
$1,350,000

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

Property size:
4,068 SF

Property Features for 3257 Delaware St

General Information

Standard status
Active
Size
4,068 SF

Building Details

Year built
1955

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Listing Contact
Willem Bos
Source: Corcoran

Listing Agency: COMPASS Listing Agent: Willem Bos

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oakland Multifamily Property in Dimond

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 currently rented at $3,200 per month. The larger unit sizes are aligned with tenant demand in the Dimond District. The Dimond District is known for its residential charm, proximity to Dimond Park, local retail along MacArthur Boulevard, easy freeway access, and a tenant base drawn to the area’s neighborhood feel combined with urban convenience. These fundamentals support both consistent occupancy and long-term rent growth. The property size is 4,068 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Oakland
County
Alameda
State
California
Longitude
-122.2041282
Latitude
37.7936556

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 Day-One Cash Flow: Enjoy 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.
More about this property
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