Oakland Multifamily Property in
For Sale
$1,350,000
3257 Delaware St, Oakland, CA 94602
Five-unit multifamily property in Oakland's Dimond District.
Property SizeContact for details
Days on Market105
Property Features for 3257 Delaware St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1955
Listing Agency:
COMPASS
(916) 698-9954
Listed By:
Willem Bos · License #02013980
(916) 698-9954
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 6 at 7:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
