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  • 3257 Delaware St

3257 Delaware St, Oakland, CA 94602

$1,350,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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Listing Agent


Willem Bos | willem@bosgroupcre.com
Lic#: 02013980
Broker: Courtesy of COMPASS
Phone: 916-698-9954

Agent Remarks

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 $1.35M, the property delivers a compelling 6.15% CAP rate and 10.26 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41124205
Price: $1,350,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1955
0.13 acres
Lot size: 0.1321
Subdivision: DIMOND DISTRICT
County: Alameda
Construction: Stucco
Lot description: Street Level
Heating/cooling: See Remarks
Heating description: See Remarks

Last Updated: 6/11/2026

 Days On Market (DOM): 128

 Find more Oakland homes and real estate

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Lat/Long: 37.793715, -122.204191.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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