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3257 Delaware St

Oakland, CA 94602
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Bed 0

Bed

Bath 0

Bath

SqFt5,756

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,350,000

AD Id : 75398448

MLS Id : 41124205

Lot Size : 5,756 Sqft

Year Built : 1955

County : Alameda

Subdivision: Fallbrook

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: See Remarks

  • Building Information

    Year Built: 1955
    Construction Materials: Stucco
    Private Pool: No

  • Lot Information

    Main Square Feet: 5756 Lot Size Acres: 0.1321 Lot Size Square Feet: 5,756 Lot Description: Street Level

    Property Information

    Subdivision: DIMOND DISTRICT Source Property Type: Residential Income Property Age: 71

  • Listing Price Information

    Listing Price: $1350000

  • Tax Information

    Parcel Number: 2894824

  • Parking Information

    Parking Total: 5

  • Location Information

    Direction: Cross Street: 35th Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Macarthur, Oakland, CA, 94602 $825,000 2 1 1,153 1,153 SqFt
3551 Joaquin Miller Rd, Oakland, CA, 94602 $799,000 5 4 3,580 3,580 SqFt
3600 Klamath Street, Oakland, CA, 94602 $1,350,000 4 3 2,501 2,501 SqFt
Elmar Avenue, Oakland, CA, 94602 $510,000 2 1 707 707 SqFt
2745 Butters Drive, Oakland, CA, 94602 $1,175,000 5 3 5,189 5,189 SqFt
3306 Guido, Oakland, CA, 94602 $870,000 2 2 1,128 1,128 SqFt
Coolidge, Oakland, CA, 94602 $899,000 2 1 1,030 1,030 SqFt
3626 Midvale Ave, Oakland, CA, 94602 $888,888 3 2 1,676 1,676 SqFt
3626 A Midvale Ave, Oakland, CA, 94602 $888,888 -- -- --
3325 Macarthur Blvd, Oakland, CA, 94602 $699,000 2 2 1,140 1,140 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/23/2026 @ 04:32

MLS: 41124205 LISTED BY: Willem Bos, COMPASS 415-660-9955 SOURCE: CRMLS

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