Christopher Danesi at RE/MAX Accord - 925.998.7426
East Bay Condo ManiaMLS: 41125456 $6,750,000
Bedrooms with Baths3525 DIMOND
OAKLAND CA 94602MLS: 41125456
Status: ACTIVE
List Price: $6,750,000
Price per SQFT: $302
Square Footage: 22361Bedrooms
Baths
Year Built: 1963
Zip Code: 94602
Listing Remarks
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.
Address: 3525 DIMOND OAKLAND CA 94602
Listing Agent: SAMUEL HAYES of NAI NORTHERN CALIFORNIA
Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2026-02-27 LIVING AREA SQ FT: 22361 BUILDING AREA TOTAL: 22361 YEAR BUILT: 1963 FLOORING: Laminate, Stone, Vinyl, Carpet, Other HEATING: Natural Gas, Wall Furnace COOLING: None LOT FEATURES: See Remarks PARKING FEATURES: Garage PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Midrise (4-6 Flrs) LISTING AGENT: SAMUEL HAYES LISTING OFFICE: NAI NORTHERN CALIFORNIA
Estimated Monthly Payments
List Price: $6,750,000 20% Down Payment: $1,350,000 Loan Amount: $5,400,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $34,132 Estimate does not include taxes, fees, insurance.
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Property Location: 3525 DIMOND OAKLAND CA 94602
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2026-02-27
