3525 Dimond, Oakland, CA 94602
3525 Dimond, Oakland, CA 94602
3525 Dimond, Oakland, CA 94602
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Samuel Hayes, DRE #01842440 • NAI Northern California
$6,250,000
Est. payment /mo
22,361 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 22,361 sqft

Price per Sqft $279

MLS Listing ID EB41125456

Year Built 1963

Lot Size 0.310 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94602

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Laminate, Other, Stone, Vinyl, Carpet - Wall to Wall

Exterior

Garage Spaces 30.0

Roof Type Tar and Gravel

Building

Water Public

Others

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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3525 Dimond

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