3525 Dimond, Oakland, CA 94602

Local realty services provided by:ERA North Orange County Real Estate
3525 Dimond,Oakland, CA 94602
$6,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: samuel hayes, grant chappell
Office: nai northern california510-336-4712
MLS#:41125456
Source:CRMLS

Price summary

  • Price:$6,250,000

About this home

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.

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Home facts

  • Year built:1963
  • Listing ID #:41125456
  • Added:54 day(s) ago
  • Updated:April 23, 2026 at 01:18 PM

Heating and cooling

  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Roof:Tar Gravel
  • Year built:1963
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$6,250,000

Parking

  • Total parking spaces:30
Based on information from California Regional Multiple Listing Service, Inc. as of April 23, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.