$6,500,000

3525 Dimond, Oakland, CA 94602

  • 22,361 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $291/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
February 27, 2026
Data Last Updated:
April 2, 2026 at 4:06AM
Listing Office:
NAI Northern California : 510-336-4712
Listing Agent:
Samuel Hayes : 510-759-6844
MLS ID:
41125456
  • Basement: Other
  • Flooring: LaminateStoneVinylCarpetOther
  • A/C: None
  • Heating: Natural GasWall Furnace
  • Parking: Garage
  • County: Alameda
  • Utilities: Individual Electric Meter

This listing courtesy of Samuel Hayes , NAI Northern California

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glenview Elementary School

4215 La Cresta Ave, Oakland, CA, 94602

Grades KG-5

0.30 miles away

B

Bret Harte Middle School

3700 Coolidge Ave, Oakland, CA, 94602

Grades 6-9

0.59 miles away

O

Oakland High School

1023 MacArthur Blvd, Oakland, CA, 94610

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.