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This Multifamily Property is no longer advertised on LoopNet.com.
3541 Dimond Ave
Oakland, CA 94602
Multifamily Property For Sale
·
13 Units

Investment Highlights
- COMPELLING BASIS WITH IMMEDIATE PATH TO UPSIDE
- AUTHENTIC WALKABLE NEIGHBORHOOD WITH REGIONAL CONNECTIVITY
- Cash flow upside can be realized through the capture of the Property's ±25% in-place loss-to-lease by marking units to market rent upon unit turnover
- DURABLE & THRIVING ECONOMIC HUB
- A limited risk investment that combines these solid fundamentals with a strong initial yield and substantial upside.
- Zoning=RM-4
Property Facts
| No. Units | 13 | Building Size | 7,740 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RM-4 - Mixed Use Housing Type Residential | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,740 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | RM-4 - Mixed Use Housing Type Residential |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- Laundry Facilities
- Recycling
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 450 |
| 1+1 | 8 | - | 600 |
| 2+1 | 3 | - | 680 |
Property Taxes
| Parcel Number | 029A-1301-014-00 | Improvements Assessment | $1,435,000 |
| Land Assessment | $615,000 | Total Assessment | $2,050,000 |
Property Taxes
Parcel Number
029A-1301-014-00
Land Assessment
$615,000
Improvements Assessment
$1,435,000
Total Assessment
$2,050,000
Listing ID: 34775902
Date on Market: 2/10/2025
Last Updated:
Address: 3541 Dimond Ave, Oakland, CA 94602
The Lower Hills District Multifamily Property at 3541 Dimond Ave, Oakland, CA 94602 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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