Skip to main content

Multifamily

3541 Dimond Ave

3541 Dimond Ave, Oakland, CA 94602

Listing Price: $2,500,000

Cap Rate
4.75%
Number of Units
13
Occupancy
100.0%
Price/Unit
$192,308
Price/Gross SF
$323.00
Gross SF
7,740

Investment Overview

3541 Dimond Avenue is a well-kept 13 Unit Apartment Complex located in the very safe Dimond District of Oakland, California. The subject property was originally constructed in 1959 and has a net rentable square footage of 7,740 square feet. Located directly across the Bay Bridge from San Francisco, Oakland serves as the seat of the Bay Areas Alameda County. Oakland is a major transportation hub with several Bay Area Rapid Transit system (BART) stops and in intersected by several Interstate freeways. Residents in Oakland have convenient commuting options to San Francisco and the greater Bay Area. The City also has a diverse and robust list of top employers. The tech, health and financial sectors represented with Square, Pandora Media, Kaiser Permanente, Sutter Health, Blue Shield and Credit Karma. The investment appeal of this asset is driven by Oakland's strong employment fundamentals and low vacancy levels. Oakland is a world class location in the heart of the East Bay. 3541 Dimond Avenue presents an attractive choice for renters due to it's safe neighborhood of the Dimond District, in addition to its easy access to Dimond Park and easy commute to downtown San Francisco.

Investment Highlights

  • A Solid investment Opportunity in Oakland's Dimond District
  • A Desirable Unit Mix Consisting of Well Designed One Bedroom, One Bath Units, Studies and Two Bedroom, One Bath Units
  • Strong Employment Base Many of the Nations Top Tech, Healthcare and Financial Employers including: Square, Pandora Media, Kaiser Permanente, Sutter Health, Blue Shield, Credit Karma and Mills Coll
  • Excellent Transportation Corridors with Convenient Access to Several BART Stops, Interstate 580 and 880 , All Providing Access to Downtown Oakland, Downtown San Francisco and the Entire Bay Area

Exclusively Listed By

Financing By

Multifamily

3541 Dimond Ave

Listing Price: $2,500,000

Cap Rate
4.75%
Number of Units
13
Occupancy
100.0%
Price/Unit
$192,308
Price/Gross SF
$323.00
Gross SF
7,740

Investment Highlights

  • A Solid investment Opportunity in Oakland's Dimond District
  • A Desirable Unit Mix Consisting of Well Designed One Bedroom, One Bath Units, Studies and Two Bedroom, One Bath Units
  • Strong Employment Base Many of the Nations Top Tech, Healthcare and Financial Employers including: Square, Pandora Media, Kaiser Permanente, Sutter Health, Blue Shield, Credit Karma and Mills Coll
  • Excellent Transportation Corridors with Convenient Access to Several BART Stops, Interstate 580 and 880 , All Providing Access to Downtown Oakland, Downtown San Francisco and the Entire Bay Area

Investment Overview

3541 Dimond Avenue is a well-kept 13 Unit Apartment Complex located in the very safe Dimond District of Oakland, California. The subject property was originally constructed in 1959 and has a net rentable square footage of 7,740 square feet. Located directly across the Bay Bridge from San Francisco, Oakland serves as the seat of the Bay Areas Alameda County. Oakland is a major transportation hub with several Bay Area Rapid Transit system (BART) stops and in intersected by several Interstate freeways. Residents in Oakland have convenient commuting options to San Francisco and the greater Bay Area. The City also has a diverse and robust list of top employers. The tech, health and financial sectors represented with Square, Pandora Media, Kaiser Permanente, Sutter Health, Blue Shield and Credit Karma. The investment appeal of this asset is driven by Oakland's strong employment fundamentals and low vacancy levels. Oakland is a world class location in the heart of the East Bay. 3541 Dimond Avenue presents an attractive choice for renters due to it's safe neighborhood of the Dimond District, in addition to its easy access to Dimond Park and easy commute to downtown San Francisco.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower