Property Details
About this Property
3257 Delaware, a rare and well-located 5-unit multifamily property in Oakland’s highly desirable Dimond District, positioned just above Interstate 580. Offered at $1.35M, the property delivers a compelling 6.15% CAP rate and 10.26 GRM, providing strong day-one cash flow with clear long-term upside. This sizable asset features a highly attractive unit mix consisting of two oversized two-bedroom units with dedicated dining areas, two spacious one-bedroom one-bath units, and an exceptional three-bedroom two-bath unit currently rented at $3,200 per month. The larger unit sizes are well aligned with sustained tenant demand in the Dimond District, where renters consistently pay premiums for space, walkability, and neighborhood quality. From a location standpoint, the property is ideally situated in one of Oakland’s most stable rental submarkets. The Dimond District is known for its residential charm, proximity to Dimond Park, local retail along MacArthur Boulevard, easy freeway access, and a strong tenant base drawn to the area’s neighborhood feel combined with urban convenience. These fundamentals support both consistent occupancy and long-term rent growth.
MLS Listing Information
MLS #
EB41124205
MLS Source
Bridge MLS
Days on Site
5
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Off-Site Parking, Garage: Car(s)
Water
Public
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 0/0 | – | – | – |
| 2 | – | 2 | 0/0 | – | – | – |
| 3 | – | 3 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3257 Delaware St is a Residential Income in Oakland, CA 94602. This 4,068 square foot property sits on a 5,756 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1955. This address can also be written as 3257 Delaware St, Oakland, CA 94602.
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This listing information is up-to-date as of February 17, 2026. For the most current information, please contact Willem Bos, (916) 698-9954
