7341 Lockwood St Oakland, CA 94621
Arroyo Viejo NeighborhoodEstimated payment $2,478/month
Highlights
- No HOA
- Garage
- No Heating
- Tile Flooring
- Wood Siding
- Back and Front Yard
About This Home
Investor Opportunity in Oakland! Well-maintained duplex featuring two tenant-occupied units with strong, reliable rental income and good long-term tenants already in place, cash flowing over $3K a month. The property is partially updated and offers a gated entrance for added security and privacy. The sewer lateral has been completed and is currently compliant with approximately 10 years of validity remaining, providing added peace of mind for investors. An excellent opportunity for investors seeking steady cash flow with value-add potential in a high-demand rental market. Ideal for those looking to expand their portfolio with a low-maintenance, income-producing property.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 2,500 Sq Ft Lot
- Back and Front Yard
Home Design
- Duplex
- Composition Shingle Roof
- Wood Siding
- Composition Shingle
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- No Garage
- On-Street Parking
- Off-Street Parking
Additional Features
- Tile Flooring
- No Heating
Community Details
- No Home Owners Association
- Arroyo Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 40332511
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,880 | $204,306 | $96,144 | $108,162 |
| 2024 | $4,880 | $200,302 | $94,260 | $106,042 |
| 2023 | $4,981 | $196,375 | $92,412 | $103,963 |
| 2022 | $4,718 | $192,525 | $90,600 | $101,925 |
| 2021 | $4,317 | $188,751 | $88,824 | $99,927 |
| 2020 | $4,266 | $186,815 | $87,913 | $98,902 |
| 2019 | $3,982 | $183,154 | $86,190 | $96,964 |
| 2018 | $3,903 | $179,563 | $84,500 | $95,063 |
| 2017 | $3,705 | $176,043 | $82,844 | $93,199 |
| 2016 | $3,514 | $172,592 | $81,220 | $91,372 |
| 2015 | $3,885 | $198,895 | $59,668 | $139,227 |
| 2014 | $2,794 | $23,600 | $11,600 | $12,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $399,999 | +135.3% | $283 / Sq Ft | |
| 06/26/2015 06/26/15 | Sold | $170,000 | 0.0% | $120 / Sq Ft | View Prior Sale |
| 06/05/2015 06/05/15 | Pending | -- | -- | -- | |
| 01/08/2015 01/08/15 | For Sale | $170,000 | -- | $120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $170,000 | Chicago Title Company | |
| Trustee Deed | $170,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $132,600 | Purchase Money Mortgage | |
| Previous Owner | $95,000 | Fannie Mae Freddie Mac |
Source: Bay East Association of REALTORS®
MLS Number: 41119292
APN: 040-3325-011-00
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