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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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3525 3525 Dimond, Oakland – $6,750,000

  • $6.8M Price
  • .31 Acres
  • 13 DOM
  • $6.8M Price
  • .31 Acres
  • 13 DOM

3525 3525 Dimond

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.

Essential Information

  • MLS® #41125456
  • Price$6,750,000
  • Bathrooms0.00
  • Acres0.31
  • Year Built1963
  • TypeResidential Income
  • StatusActive

Community Information

  • Address3525 3525 Dimond
  • SubdivisionDIMOND DISTRICT
  • CityOakland
  • CountyAlameda
  • Zip Code94602

Amenities

  • Parking Spaces30

Interior

  • HeatingNatural Gas, Wall Furnace
  • CoolingNone

Exterior

  • RoofTar/Gravel

Additional Information

  • Date ListedFebruary 27th, 2026
  • Days on Market13

Listing Details

  • AgentSamuel Hayes
  • OfficeNAI Northern California
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Samuel Hayes, NAI Northern California.

Based on information from California Regional Multiple Listing Service, Inc. as of March 12th, 2026 at 8:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.