
Oakland, California 94605
This Triplex Residential Asset is a Strong Value Opportunity, listed at $850,000—positioned well below the $849,832 Fair Market Value by 0%. While the valuation is stable, the property offers significant upside through its Condition Rating of 3, featuring updated kitchens and fresh paint. The Multi-Unit Versatility allows for immediate cash flow from the occupied unit while providing two vacant units for renovation or occupancy. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing house-hacking strategies to maximize long-term yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6029 Macarthur Boulevard Subject 5 bd · 3 ba · 2,330 sqft · $365 | $850,000* List Price | 5 | 3 | 2,330 | $365 | - |
A 6055 6055 Majestic Ave Sold 5 bd · 3 ba · 2,370 sqft · $464 · 0.2 mi | $1,100,000 | 5 | 3 | 2,370 | $464 | 0.2 mi |
B 2327 Maywood Ave Sold 4 bd · 3 ba · 1,914 sqft · $366 · 0.9 mi | $700,000 | 4 | 3 | 1,914 | $366 | 0.9 mi |
C 6193 Oakdale Avenue Sold 3 bd · 3 ba · 2,038 sqft · $330 · 0.4 mi | $672,000 | 3 | 3 | 2,038 | $330 | 0.4 mi |
D 6021 Monadnock Way Sold 3 bd · 2 ba · 1,865 sqft · $401 · 0.1 mi | $747,500 | 3 | 2 | 1,865 | $401 | 0.1 mi |
E 2460 67th Ave Sold 3 bd · 2 ba · 1,500 sqft · $463 · 0.7 mi | $695,000 | 3 | 2 | 1,500 | $463 | 0.7 mi |
F 6124 Laird Ave Active 3 bd · 2 ba · 1,962 sqft · $458 · 0.2 mi | $898,000 List Price | 3 | 2 | 1,962 | $458 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property is well-maintained, functional, and move-in ready. The interiors feature fresh paint, clean laminate and tile flooring, and updated kitchens with stone countertops. The bathrooms and living spaces are in clean, rentable condition, though the heating systems rely on older wall units.
The triplex configuration with two vacant units offers exceptional flexibility for an owner-occupant to utilize house-hacking strategies or for an investor to immediately place market-rate tenants.
Featuring a combination of two-bedroom and three-bedroom layouts, the property appeals to a wide range of rental demographics, maximizing potential occupancy and long-term yield.
With one unit already tenant-occupied, the property provides immediate cash flow upon acquisition, helping to offset mortgage costs from day one.
The current rent of $1,341 for a two-bedroom unit appears to be significantly below Oakland's market rates, potentially limiting immediate ROI due to local rent control ordinances.
Originally constructed in 1939, the property may require capital expenditures for modernizing aging systems or addressing deferred maintenance typical of older multi-family structures.
Triplex property located at 6029 MacArthur Blvd in Oakland featuring three residential units. Unit 3235 is tenant-occupied and currently rents for $1,341 per month, offering 2 bedrooms and 1 bathroom. Unit 3239 is a vacant 2-bedroom, 1-bathroom unit. Unit 6029 is also vacant and features 3 bedrooms and 1 bathroom. This property offers flexibility for owner-occupancy or investment with rental income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,330 | 1,591.405 |
| Lot Size | 5,982 | 5,033.821 |
| Price | $850.0K | $1.04M |
| Price per sq ft | $365 | $611 |
| Built year | 1939 | 1927 |
| HOA | $0 | $227 |
| Days on market | 37 | 36 |
Sep 17, 2026
$850,000
Initial Listing
Sep 21, 2012
$355,000
Public Record
Dec 1, 2011
$77,000
Public Record
Sep 14, 2011
$154,000
Public Record
Jun 10, 2003
$420,000
Public Record
May 5, 2000
$250,000
Public Record