3525 Dimond, Oakland, CA, 94602

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.

3525 Dimond is a Residential Income property located in Oakland, California, featuring a 0.310 acre lot, MLS #41125456.