3257 Delaware St Oakland, CA 94602
Laurel NeighborhoodEstimated payment $8,965/month
Highlights
- No HOA
- Level Lot
- Heating Available
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 5,756 Sq Ft Lot
- Level Lot
Parking
- Off-Site Parking
Home Design
- 4,068 Sq Ft Home
- Stucco
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Bridge Aor Association
- Dimond District Subdivision
Listing and Financial Details
- Tax Tract Number 6001406
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $20,346 | $1,217,427 | $464,224 | $753,203 |
| 2025 | $20,346 | $1,193,562 | $455,124 | $738,438 |
| 2024 | $19,512 | $1,170,159 | $446,200 | $723,959 |
| 2023 | $20,344 | $1,147,217 | $437,452 | $709,765 |
| 2022 | $19,553 | $1,124,727 | $428,876 | $695,851 |
| 2021 | $18,364 | $1,102,677 | $420,468 | $682,209 |
| 2020 | $18,174 | $1,093,229 | $416,160 | $677,069 |
| 2019 | $17,271 | $1,071,830 | $408,000 | $663,830 |
| 2018 | $16,901 | $1,050,850 | $400,000 | $650,850 |
| 2017 | $13,052 | $801,000 | $240,000 | $561,000 |
| 2016 | $12,226 | $751,000 | $225,000 | $526,000 |
| 2015 | $12,746 | $751,000 | $250,000 | $501,000 |
| 2014 | $10,146 | $551,000 | $150,000 | $401,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Price Changed | $1,325,000 | -1.9% | $326 / Sq Ft |
| 02/16/2026 02/16/26 | For Sale | $1,350,000 | -- | $332 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $1,050,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $715,000 | Old Republic Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $910,000 | New Conventional | |
| Closed | $825,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $630,000 | Purchase Money Mortgage | |
| Previous Owner | $510,000 | Commercial |
Source: bridgeMLS
MLS Number: 41124205
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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