About 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.
Features of 3525 Dimond
| MLS® # | 41125456 |
|---|---|
| Price | $6,250,000 |
| Square Footage | 22,361 |
| Acres | 0.31 |
| Year Built | 1963 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Midrise (4-6 Flrs) |
| Status | Pending |
Community Information
| Address | 3525 Dimond |
|---|---|
| Subdivision | DIMOND DISTRICT |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94602 |
Amenities
| Utilities | Individual Electric Meter |
|---|---|
| Parking | Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | See Remarks |
|---|
Additional Information
| Date Listed | February 27th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Samuel Hayes |
|---|---|
| Office | NAI Northern California |