About this home

Excellent opportunity to own a well-maintained 6-unit multifamily property in Oakland's popular Dimond District. Approximately $75,000 in capital improvements have been completed this year, helping to minimize future maintenance obligations and providing added peace of mind for the next owner. Recent upgrades include a brand new sewer lateral (compliant), new sidewalk (compliant), new asphalt driveway, new main panel and new individual electrical panels in each unit. The property is fully occupied and features individual PG&E meters, community laundry, and a low-maintenance setup that makes ownership more straightforward. CAP rate of 4.5% The property's location is a significant draw for tenants, offering easy access to shops, restaurants, cafes, and services that make the Dimond District such a sought-after Oakland neighborhood. Nearby Dimond Park provides abundant recreational opportunities, while convenient transit options and commuter routes connect residents to Downtown Oakland, San Francisco, and the greater Bay Area. The combination of neighborhood amenities and accessibility helps support strong tenant demand. Properties offering recent major improvements, stable occupancy, and a sought-after neighborhood location are increasingly difficult to find. This is a rare opportunity to acquire a solid income-producing asset in one of Oakland's most established and desirable neighborhoods.

Facts and features

Schools

• Sequoia Elementary School

  elementary · K-5 · 0.1 mi

  7

• Bret Harte Middle School

  middle · 6-9 · 0.4 mi

  3

• Skyline High School

  high · 9-12 · 2.9 mi

  6

• Oakland Montessori Child's Center

  elementary · K-3 · 0.1 mi

• The Renaissance International School

  elementary · K-9 · 0.1 mi

• The Renaissance School

  elementary · K-8 · 0.1 mi

Price history

• Oct 6, 2026 · Listing Removed—
• Oct 5, 2026 · Listed$1,999,000
• Aug 4, 2026 · Price Changed$1,999,000
• Jun 24, 2026 · Price Changed$2,215,000
• Jun 8, 2026 · Listed$2,499,000

Tax history

• 2025$9,119 tax · $227,105 assessed
• 2024$8,599 tax · $222,652 assessed
• 2023$8,514 tax · $214,006 assessed
• 2022$7,804 tax · $209,810 assessed
• 2021$6,711 tax · $205,696 assessed
• 2020$6,621 tax · $203,588 assessed
• 2019$5,881 tax · $199,596 assessed
• 2018$5,741 tax · $195,683 assessed

Home value

$1,979,000

• Collateral Analytics$1,979,000

Where it is