3525 Dimond, Oakland, CA 94602
List Price: $6.25M
Listing Status: Pending
Original List Price: $6.75M
0Close Date: 2026-07-03
Days on Market: 65
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1963
Lot Size: 13,514 sq ft
MLS Number: 41125456
About This Property
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 provided by: Samuel Hayes DRE #01842440 510-336-4712 shayes@nainorcal.com, NAI Northern California
Source: CRMLS, MLS #: 41125456
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.