- For Sale $995,000
- Property Type Multi-Family
- Property Size 3,370 SF
- Units 3
- Lot Size 0.1 Acre
- Date Updated May 19, 2026
Description
Lower Dimond is one of Oakland’s most charming and tightly knit residential neighborhoods, known for its tree-lined streets, classic architecture, and strong sense of community. Located just east of the vibrant Dimond District along MacArthur Boulevard, the area offers residents a peaceful neighborhood feel while remaining closely connected to the conveniences of city living. Historic apartment buildings and well-maintained homes give the neighborhood character, while nearby Dimond Park and the Sausal Creek greenbelt provide beautiful natural spaces for outdoor recreation.
Residents of Lower Dimond enjoy easy access to a thriving local retail corridor in the Dimond District, where neighborhood favorites like cafés, bakeries, restaurants, and independent shops create a lively yet relaxed atmosphere. The neighborhood’s walkability and local amenities make it particularly attractive to renters seeking a balance between urban convenience and a quieter residential environment. Weekly farmers markets, community events, and neighborhood gathering spots contribute to the area’s welcoming, community-oriented vibe.
Lower Dimond also benefits from excellent connectivity throughout Oakland and the greater Bay Area. Major transportation routes such as Interstate 580 and Highway 13 are just minutes away, providing convenient commutes to Downtown Oakland, Berkeley, and San Francisco. Nearby AC Transit lines further enhance mobility for residents who prefer public transportation. With its blend of neighborhood charm, access to nature, and proximity to key employment centers, Lower Dimond continues to be one of Oakland’s most desirable and stable residential submarkets.
Walk Score - 91
Transit Score - 57
Bike Score - 543601 Lincoln Avenue presents an attractive triplex investment opportunity located in Oakland’s desirable Lower Dimond neighborhood. Situated on a prominent corner lot, the property offers strong curb appeal, excellent natural light, and convenient neighborhood access.
The property features an excellent unit mix of one spacious 3-bedroom, 2-bath unit and two large 2-bedroom, 1-bath units, providing layouts that are highly desirable for Oakland renters. One 2-bedroom, 1-bath unit will be delivered vacant and features an open floor plan and private balcony, making it ideal for an owner-occupant or for an investor seeking to capture market rent.
Currently, the two occupied units generate over $4,300 per month in rental income, with additional upside potential. The property also benefits from three garages, coin-operated laundry, and a private yard for the 3-bedroom unit, offering amenities that enhance tenant appeal.
Offered at under $1,000,000, 3601 Lincoln Avenue represents a compelling opportunity for both investors seeking rental upside and owner-users looking to live in one unit while generating income from the others.
Highlights
- Attractive Corner Lot – Prominent corner positioning provides excellent natural light and strong curb appeal.
- Attractively Priced – Offered under $1,000,000, presenting compelling value for a large-unit triplex in a strong Oakland location.
- Excellent Unit Mix – (1) 3 Bed / 2 Bath and (2) 2 Bed / 1 Bath units with spacious layouts appealing to a wide tenant pool.
- Large Units Throughout – Generous unit sizes provide strong tenant appeal and long-term rental stability.
- Onsite Coin-Op Laundry – Additional income stream from coin-operated laundry facilities.
- Owner-User or Investor Opportunity – Flexible acquisition opportunity with a vacant unit plus rental upside.
- Private Yard – The 3 Bed / 2 Bath unit includes a private yard, a rare amenity for Oakland multifamily properties.
- Strong In-Place Income – Two occupied units currently generating $4,300+ per month, with additional rental upside.
- Three Garages – Valuable garage parking for tenants with potential additional rental income.
- Vacant Owner’s Unit – One 2 Bed / 1 Bath unit delivered vacant, featuring an open floor plan and private balcony, ideal for owner-occupancy or leasing at market rent.
- Well-Located Lower Dimond Triplex – 3601 Lincoln Ave is a desirable corner property located in Oakland’s sought-after Lower Dimond neighborhood.
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Contacts
Jatin Mehta
Kite Hill Real Estate
Location
Located at 3601 Lincoln Ave, Oakland, CA 94602, this property is part of the Upper Dimond neighborhood and Bay Area market.
Contact Listing Broker
Jatin Mehta
Kite Hill Real Estate