Property Description
Welcome to 7448 Lockwood Street, a spacious and income-producing fourplex located in the heart of East Oakland. This well-maintained property features four 2-bedroom, 1-bath units, each offering approximately 885 square feet of comfortable living space. Each unit is separately metered for gas, electricity, and water, providing convenience and flexibility for both owner and tenants. A detached on-site laundry room adds an additional income stream. Situated on a large, flat 10,000 sq ft lot, this property offers development potential—build additional units or expand to maximize your return (buyer to verify). Conveniently located near Highways 580 and 880 and just minutes from the Eastmont Town Center, this property is a prime location for tenants and commuters alike. Don't miss this exceptional opportunity to own a strong cash-flowing asset with upside potential in one of Oakland’s high-demand rental markets.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$14,619
TurboHome Estimated Value
$962,300
$270 sqft
High Valuation
$1,010,415
$284/sqft
Normal Valuation
$962,300
$270/sqft
Low Valuation
$914,185
$257/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $270/sqft | $962,300 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Arroyo Viejo
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Comparative Value
$885K
$950K
$985K
$1.13M
$1.25M
8836 Dowling St, Oakland, CA 94605
Sale Price: $885,000
Selected Comparable
7448 Lockwood St, Oakland, CA 94621
List Price: $950,000
Subject Property
1430 74th Ave, Oakland, CA 94621
Sale Price: $985,000
Selected Comparable
5108 Fairfax Ave, Oakland, CA 94601
Sale Price: $1,131,000
Selected Comparable
9326 Bancroft Ave, Oakland, CA 94603
Sale Price: $1,250,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT7448 Lockwood St, Oakland, CA 94621
List: $950,000
Listed: 5/14/2025
Area:3,560 sqft
Price/sqft:$267
Beds:8
Baths:—
Year Built:—
Lot Size:10,000
Comparable Properties
COMPARABLEChoose comps
1430 74th Ave, Oakland, CA 94621
Sale: $985,000
5/1/2025 • 0.37 mi
Area:3,584 sqft
Price/sqft:$275
Beds:8
Baths:—
Year Built:—
Weight:31.0%
9326 Bancroft Ave, Oakland, CA 94603
Sale: $1,250,000
6/27/2025 • 1.11 mi
Area:4,432 sqft
Price/sqft:$282
Beds:8
Baths:—
Year Built:—
Weight:25.3%
8836 Dowling St, Oakland, CA 94605
Sale: $885,000
11/27/2024 • 0.93 mi
Area:2,900 sqft
Price/sqft:$305
Beds:8
Baths:—
Year Built:—
Weight:24.5%
5108 Fairfax Ave, Oakland, CA 94601
Sale: $1,131,000
4/14/2025 • 1.46 mi
Area:2,760 sqft
Price/sqft:$410
Beds:7
Baths:—
Year Built:—
Weight:19.2%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
7448 Lockwood St, Oakland, CA 94621 | $950,000 | 3,560 | $267 | 10,000 | — | 5/14/2025 | 8 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1430 74th Ave, Oakland, CA 94621 | $985,000 | 3,584 | $275 | 5,400 | 0.37 mi | 5/1/2025 | 8 | — | — | 31.0% | |
9326 Bancroft Ave, Oakland, CA 94603 | $1,250,000 | 4,432 | $282 | 3,800 | 1.11 mi | 6/27/2025 | 8 | — | — | 25.3% | |
8836 Dowling St, Oakland, CA 94605 | $885,000 | 2,900 | $305 | 5,584 | 0.93 mi | 11/27/2024 | 8 | — | — | 24.5% | |
5108 Fairfax Ave, Oakland, CA 94601 | $1,131,000 | 2,760 | $410 | 5,367 | 1.46 mi | 4/14/2025 | 7 | — | — | 19.2% |
Nearby Listings
16 similar properties within 5 miles
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