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7448 Lockwood St, Oakland, CA 94621

List Price: $950,000On Market FlagOn market
May 14, 20253,560 sqft8 beds0 baths
Listed by: Jason Pugao
License #: 01908325
Phone #: 925-397-4200
Keller Williams Tri-Valley
Source:
CRMLS Logo
MLS #: 41097428

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$270/sqft$962,300

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

SUBJECT
7448 Lockwood St, Oakland, CA 94621

7448 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

COMPARABLE
Choose comps
1430 74th Ave, Oakland, CA 94621

1430 74th Ave, Oakland, CA 94621

Sale: $985,000

5/1/20250.37 mi

Area:3,584 sqft
Price/sqft:$275
Beds:8
Baths:
Year Built:
Weight:31.0%
9326 Bancroft Ave, Oakland, CA 94603

9326 Bancroft Ave, Oakland, CA 94603

Sale: $1,250,000

6/27/20251.11 mi

Area:4,432 sqft
Price/sqft:$282
Beds:8
Baths:
Year Built:
Weight:25.3%
8836 Dowling St, Oakland, CA 94605

8836 Dowling St, Oakland, CA 94605

Sale: $885,000

11/27/20240.93 mi

Area:2,900 sqft
Price/sqft:$305
Beds:8
Baths:
Year Built:
Weight:24.5%
5108 Fairfax Ave, Oakland, CA 94601

5108 Fairfax Ave, Oakland, CA 94601

Sale: $1,131,000

4/14/20251.46 mi

Area:2,760 sqft
Price/sqft:$410
Beds:7
Baths:
Year Built:
Weight:19.2%

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