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3257 Delaware St , Oakland, CA 94602
$1,325,000
Est. Payment: $6,690.86/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 171
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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.
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Highlights

Listed by Willem Bos , 916-698-9954 COMPASS , 415-660-9955. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.13

Year Built

1955

County

Alameda

 Neighborhood

Dimond District

Listing ID

41124205

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:See Remarks
Fireplaces:

Exterior Features

Lot:Street Level,No Land Lease
Garage Capacity:5
Others:Stucco,2+ Total Units
Principal Interest
$6,691
Taxes
$845

Home Price

$1,325,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$265,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,690.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,690.86 $844.69 $0.00 $7,535.55
Yearly $80,290.33 $10,136.25 $0.00 $90,426.58
Total $2,408,710.03 $304,087.50 $0.00 $2,712,797.53

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Oakland, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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