For sale

$899,000

7448 Lockwood St, Oakland, CA 94621

8beds

4baths

3,560sqft

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Multi Family, Quadruplex

Built in 1957

-- sqft lot

$-- Zestimate^®

$253/sqft

$-- HOA

What's special

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.

425 days

88

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Natural Gas, Wall Furnace

Cooling

No Air Conditioning

Appliances

Included: Gas Water Heater
Laundry: Common Area, Washer/Dryer Hookups

Features

Flooring: Laminate, Linoleum, Tile, Carpet
Basement: None

Interior area

Total structure area: 3,560
Total interior livable area: 3,560 sqft

Property

Parking

Parking features: Space Per Unit - 1

Features

Exterior features: See Remarks

Lot

Size: 9,583 Square Feet
Features: Rectangular Lot

Details

Parcel number: 403326302
Special conditions: Standard
Other equipment: Other

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex
Attached to another structure: Yes

Materials

Stucco
Roof: Flat

Condition

Year built: 1957

Utilities & green energy

Electric: No Solar
Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: None

Community & HOA

Community

Features: None
Security: Smoke Detector(s)
Subdivision: Oakland

HOA

Has HOA: No

Location

Region: Oakland

Financial & listing details

Price per square foot: $253/sqft
Tax assessed value: $1,061,200
Price range: $899K - $899K
Date on market: 5/14/2025
Listing agreement: Excl Right
Listing terms: All Inclusive,Cash,1031 Exchange
Lease term: Month To Month,12 Months
Total actual rent: 96480
Tenant pays: Cable TV, Electricity, Gas, Water

Estimated market value

Not available

Estimated sales range

Not available

$3,377/mo

Price history

Date	Event	Price
1/12/2026	Listed for sale	$899,000$253/sqft
Source: Bay East AOR #41097428 Report a problem
12/17/2025	Listing removed	$899,000$253/sqft
Source: Bay East AOR #41097428 Report a problem
9/15/2025	Price change	$899,000-5.4%$253/sqft
Source: Bay East AOR #41097428 Report a problem
5/14/2025	Listed for sale	$950,000-9.5%$267/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41097428 Report a problem
8/21/2024	Listing removed	--
Source: bridgeMLS/CCAR/Bay East AOR #41049579 Report a problem
7/5/2024	Listed for sale	$1,050,000$295/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41049579 Report a problem
6/14/2024	Pending sale	$1,050,000$295/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41049579 Report a problem
2/9/2024	Listed for sale	$1,050,000+5%$295/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41049579 Report a problem
3/10/2022	Sold	$1,000,000+25%$281/sqft
Source: Public Record Report a problem
4/25/2019	Sold	$800,000$225/sqft
Source: MLSListings Inc #ML81741216 Report a problem
3/19/2019	Pending sale	$800,000$225/sqft
Source: Intero Real Estate Services #ML81741216 Report a problem
3/4/2019	Listed for sale	$800,000+33.6%$225/sqft
Source: FlyHomes, Inc #ML81741216 Report a problem
10/21/2017	Listing removed	$1,750
Source: Premier Property Management - Property # 399293 Report a problem
10/12/2017	Price change	$1,750-7.9%
Source: Premier Property Management - Property # 399293 Report a problem
10/1/2017	Listed for rent	$1,900$1/sqft
Source: Premier Property Management - Property # 399293 Report a problem
4/7/2015	Sold	$599,000+22.7%$168/sqft
Source: bridgeMLS/CCAR/Bay East AOR #40687098 Report a problem
1/23/2004	Sold	$488,000+290.4%$137/sqft
Source: Public Record Report a problem
12/19/1997	Sold	$125,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$1,061,200 +2%
2024	$17,519 -1.5%	$1,040,400 +2%
2023	$17,780 +19.1%	$1,020,000 +21.3%
2022	$14,933 +6.7%	$840,935 +2%
2021	$13,999 +1.2%	$824,447 +1%
2020	$13,835 +25.6%	$816,000 +26.4%
2019	$11,014 +7.3%	$645,350 +2%
2018	$10,265	$632,698 +2%
2017	$10,265 +1.9%	$620,294 +2%
2016	$10,078 -14.5%	$608,134 +26.7%
2015	$11,791	$480,000 +12.9%
2014	$11,791	$425,000 +19.7%
2013	--	$355,000 +47.9%
2012	--	$240,000
2011	--	$240,000 -12.7%
2010	--	$275,000 -49%
2009	--	$538,780 +2%
2008	--	$528,220 +2%
2007	--	$517,864 +2%
2006	--	$507,714 +2%
2005	--	$497,760 +254.6%
2004	--	$140,384 +1.9%
2003	--	$137,811 +2%
2002	--	$135,109 +2%
2001	$2,615	$132,460

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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