Investment Opportunity with Upside! Unlock the potential of this spacious duplex offering two generously sized 2-bedroom, 1-bathroom units, each featuring a traditional floor plan with formal dining rooms, oversized bedrooms, and plenty of natural light. Whether you're looking to expand your investment portfolio or secure a property with future value-add opportunities, this one deserves a closer look. The rear unit has been recently remodeled, providing updated finishes while the front unit offers an opportunity to add your own personal touch over time. Both units are tenant occupied, creating immediate rental income from day one. A major advantage for investors is that each unit has its own separate water meter, allowing tenants to pay their own water bill, helping reduce owner operating expenses and improve cash flow. Outside, you'll find one of this property's biggest assets—a large two-car detached garage with excellent ADU conversion potential (buyer to verify), a long driveway with ample off-street parking, and an expansive backyard that offers endless possibilities for additional outdoor living or future improvements. Conveniently located with easy access to major commuter routes, public transportation, schools, shopping, and everyday amenities, this property offers the combination of strong income potential, lower operating costs, future development opportunities, and long-term value that savvy investors are looking for. Whether you're completing a 1031 exchange, expanding your rental portfolio, or searching for your next value-add opportunity, this duplex checks all the boxes. Income today. Opportunity tomorrow. Don't miss your chance to own this versatile Oakland duplex with built-in rental income, separate tenant-paid water service, ADU potential, and room to build long-term wealth. Schedule your private showing today!
Pending
$399,000
7430 Lockwood St, Oakland, CA 94621
4beds
2baths
1,916sqft
Duplex
Built in 1951
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
- 27 days
- 1,206
- 62
Zillow last checked:
Listing updated:
Listed by:
Je'an Eason DRE #02067600 510-830-5471,
Main Source Real Estate
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41143775
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Features
- Storage
- Flooring: Vinyl, Carpet
- Basement: None
Interior area
- Total structure area: 1,916
- Total interior livable area: 1,916 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Exterior features: Back Yard, Dog Run, Front Yard
Lot
- Size: 6,098 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 403326321
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $422,603
- Date on market: 8/3/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$3,032/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Pending sale | $399,000$208/sqft |
Source: | ||
| 8/4/2026 | Listed for sale | $399,000$208/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $422,603 +2% |
| 2025 | $7,876 +4.2% | $414,318 +2% |
| 2024 | $7,557 -3.4% | $406,195 +2% |
| 2023 | $7,827 +4.2% | $398,233 +2% |
| 2022 | $7,514 +6.6% | $390,424 +2% |
| 2021 | $7,051 +1.2% | $382,770 +1% |
| 2020 | $6,969 +5.2% | $378,846 +2% |
| 2019 | $6,622 +6.8% | $371,420 +2% |
| 2018 | $6,200 | $364,140 +2% |
| 2017 | $6,200 +113.5% | $357,000 +189% |
| 2016 | $2,904 +0.8% | $123,542 +1.5% |
| 2015 | $2,881 +1.2% | $121,686 +2% |
| 2014 | $2,847 | $119,303 +0.5% |
| 2013 | -- | $118,764 +2% |
| 2012 | -- | $116,435 +2% |
| 2011 | -- | $114,152 +0.8% |
| 2010 | -- | $113,299 -0.2% |
| 2009 | -- | $113,569 +2% |
| 2008 | -- | $111,342 +2% |
| 2007 | -- | $109,159 +2% |
| 2006 | -- | $107,019 +2% |
| 2005 | -- | $104,921 +2% |
| 2004 | -- | $102,867 +1.9% |
| 2003 | -- | $100,981 +2% |
| 2002 | -- | $99,001 +2% |
| 2001 | $1,807 | $97,060 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Arroyo Viejo
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