3257 Delaware St, Oakland, CA 94602
3257 Delaware St, Oakland, CA 94602
3257 Delaware St, Oakland, CA 94602
3257 Delaware St, Oakland, CA 94602
3257 Delaware St, Oakland, CA 94602
3257 Delaware St, Oakland, CA 94602
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Jessamine Walker

Jessamine Walker

+1(949) 241-2927
$ 1,325,000
Est. payment | /mo

5,754 Sqft Lot

Save Virtual Tour
$ 1,325,000
Est. payment | /mo
Save Virtual Tour

5,754 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Dimond District

MLS Listing ID 41124205

HOA Y/N No

Year Built 1955

Lot Size 5,754 Sqft

Property Description

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 $1.325M, the property delivers a compelling 6.49% CAP rate and 9.94 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.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 5

Building

Lot Description Street Level

Others

Tax ID 2894824

Virtual Tour https://bosgroupcre.com/3257-delaware-st/

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Willem Bos COMPASS #02013980

Nearby Locations

Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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3257 Delaware St

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