Christopher Danesi at RE/MAX Accord - 925.998.7426

MLS: 41125456     $6,750,000     Beds / Baths

MLS #:41125456
Status:ACTIVE
List Price:$6,750,000
Price SQFT:$302
City: OAKLAND
Beds:
Baths:
SqFt:22361
Year:1963
Zip: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

Listing Photos


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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