8600 Mcarthur Bvd, Oakland, California 94605, Oakland, 94605 - bed, bath
ACTIVE$699,800
8600 Mcarthur Bvd, Oakland, California 94605
0Bed
0Bath
Sqft
7,409Lot
Year Built
1923
Close
-
List price
$700K
Original List price
$800K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41104751
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $699.8K(47th), sqft - 0(50th), beds - undefined(50th), baths - undefined(50th).
Welcome to this new updated and remodeled triplex , some of the updates includes, recently updated kitchen and all the Baths, new laminate flooring, new title floors in the bathrooms with updated bathroom cabinets. All the units show the same and are ready for occupancy. Perfect triplex for owner occupied and generating income from the top units. Or first time investor looking to expand their portfolio. The top units rent for $1850 a piece, one uniit is vacant at the time, The main unit with ( 2b 1 Bath in public records) is ready for owner occupancy is rented now for $2600 TOTAL RENT RECEIVED $ 6275 Nice units.
Nearby schools
4/10
Howard Elementary School
Public,•K-5•0.6mi
2/10
Grass Valley Elementary School
Public,•K-5•2.0mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.9mi
2/10
Frick Middle School
Public,•6-8•1.4mi
1/10
Castlemont High
Public,•9-12•0.0mi
2/10
Fremont High
Public,•9-12•2.8mi
2/10
Oakland International High School
Public,•9-12•7.4mi
Price History
Date
Event
Price
10/04/25
Price Change
$699,800-3.4%
09/30/25
Price Change
$724,800-3.3%
09/27/25
Price Change
$749,800-2.7%
09/16/25
Price Change
$770,800
07/14/25
Listing
$799,800
Condition Rating
Good
This triplex, built in 1923, has undergone significant recent renovations as described and shown in the images. The kitchen features updated wood-tone cabinets, dark countertops, and new tile flooring, though the appliances are standard white rather than high-end stainless steel. The bathrooms are fully updated with new vanities, fixtures, and tile flooring. New laminate flooring is present throughout the living areas and bedrooms. The property is move-in ready with a fresh coat of paint and updated finishes. However, the presence of wall-mounted heaters instead of central HVAC and the standard kitchen appliances prevent it from achieving an 'Excellent' rating, which typically implies top-tier, virtually new components and systems throughout.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex with established rental income of $6275/month, offering immediate cash flow and investment potential.
Recent Updates & Remodel: All units have been recently updated and remodeled, including kitchens, bathrooms, and flooring, making them move-in ready and appealing to tenants.
Owner-Occupant & Investor Appeal: Ideal for an owner-occupant looking to live in one unit while generating income from the others, or for a first-time investor expanding their portfolio.
Significant Price Reduction: The list price has seen multiple reductions from $799,800 to $699,800, indicating a motivated seller and potential for a competitive purchase.
Vacant Unit Flexibility: One unit is currently vacant, providing immediate flexibility for an owner-occupant or allowing an investor to select a new tenant at current market rates.
Cons
Age of Property: Built in 1923, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades beyond recent cosmetic remodels.
Low School Ratings: Nearby public schools generally have low ratings (mostly 1s and 2s), which could be a deterrent for families with school-aged children.
Price History & Market Perception: Multiple price drops from the original listing suggest initial overpricing or market resistance, potentially indicating a perceived lower value or other underlying concerns.