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0 Baths

$1,325,000

3257 Delaware St, Oakland CA, 94602

Price per sqftN/A
Built in1955
Property typeResidential
Listed by Willem Bos CA DRE# 02013980 with COMPASS 916-698-9954

Overview

Active

Listed Feb 16, 2026

Updated Aug 12

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.

$8,815/mo

Est. mortgage payment based on a $1,325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41124205

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres
MLS provider logo

Listed by Willem Bos CA DRE# 02013980 with COMPASS 916-698-9954

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/12/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/12/2026 at 3:40 AM UTC Last Checked: 3:40 AM UTC

 

 

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