3257 Delaware St, Oakland, CA 94602

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3257 Delaware St,Oakland, CA 94602
$1,325,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: willem bos
Office: compass415-660-9955
MLS#:41124205
Source:CRMLS

Price summary

  • Price:$1,325,000

About this home

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...

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Home facts

  • Year built:1955
  • Subdivision & Development:DIMOND DISTRICT
  • Listing ID #:41124205
  • Added:269 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Structure and exterior

  • Year built:1955
  • Lot area:0.13 Acres
  • Lot Features:Street Level
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,325,000

Parking

  • Total parking spaces:5
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