7448 Lockwood St Oakland, CA 94621
Arroyo Viejo NeighborhoodEstimated payment $6,133/month
Highlights
- 10,000 Sq Ft lot
- Laundry Room
- Heating System Uses Natural Gas
- No HOA
- Tile Flooring
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 10,000 Sq Ft Lot
Home Design
- Quadruplex
- Flat Roof Shape
- Stucco
Flooring
- Carpet
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- Oakland Subdivision
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 | $17,519 | $1,061,200 | $318,360 | $742,840 |
| 2024 | $17,519 | $1,040,400 | $312,120 | $728,280 |
| 2023 | $17,780 | $1,020,000 | $306,000 | $714,000 |
| 2022 | $14,933 | $840,935 | $252,280 | $588,655 |
| 2021 | $13,999 | $824,447 | $247,334 | $577,113 |
| 2020 | $13,835 | $816,000 | $244,800 | $571,200 |
| 2019 | $11,014 | $645,350 | $193,605 | $451,745 |
| 2018 | $10,779 | $632,698 | $189,809 | $442,889 |
| 2017 | $10,265 | $620,294 | $186,088 | $434,206 |
| 2016 | $10,078 | $608,134 | $182,440 | $425,694 |
| 2015 | $8,692 | $480,000 | $144,000 | $336,000 |
| 2014 | $11,791 | $425,000 | $127,500 | $297,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2026 01/12/26 | For Sale | $899,000 | 0.0% | $253 / Sq Ft | |
| 12/23/2025 12/23/25 | Off Market | $899,000 | -- | -- | |
| 09/15/2025 09/15/25 | Price Changed | $899,000 | -5.4% | $253 / Sq Ft | |
| 06/16/2025 06/16/25 | Off Market | $950,000 | -- | -- | |
| 05/21/2025 05/21/25 | For Sale | $950,000 | 0.0% | $267 / Sq Ft | |
| 05/14/2025 05/14/25 | For Sale | $950,000 | +18.8% | $267 / Sq Ft | |
| 04/25/2019 04/25/19 | Sold | $800,000 | 0.0% | $226 / Sq Ft | View Prior Sale |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- | |
| 03/04/2019 03/04/19 | For Sale | $800,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | Chicago Title | |
| Deed | -- | Chicago Title | |
| Grant Deed | $800,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | North American Title Co Inc | |
| Grant Deed | $599,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $488,000 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | First American Title Guarant | |
| Interfamily Deed Transfer | -- | First American Title Guarant | |
| Grant Deed | $125,000 | First American Title Guarant |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Previous Owner | $760,000 | New Conventional | |
| Previous Owner | $479,200 | New Conventional | |
| Previous Owner | $366,000 | Purchase Money Mortgage | |
| Previous Owner | $112,500 | Seller Take Back |
Source: Bay East Association of REALTORS®
MLS Number: 41097428
APN: 040-3326-030-02
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