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.
MLS #
EB41125456
MLS Source
Bridge MLS
Days on Site
15
Flooring
Carpet - Wall to Wall, Laminate, Other, Stone, Vinyl
Cooling
None
Heating
Gas, Wall Furnace
Roof
Tar/Gravel
Water
Public
Complex Amenities
Other
Listing Agent
Samuel Hayes
NAI Northern California
License #: 01842440
Phone: (510) 759-6844
Co-Listing Agent
Grant Chappell
License #: 01700439
Phone: (415) 246-4314
3525 Dimond is a Residential Income in Oakland, CA 94602. This 22,361 square foot property sits on a 0.31 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,750,000 and was built in 1963. This address can also be written as 3525 Dimond, Oakland, CA 94602.
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This listing information is up-to-date as of March 06, 2026. For the most current information, please contact Samuel Hayes, (510) 759-6844