7430 Lockwood St

Oakland, CA 94621
  • $399,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing BMLS-OBBMSRE - BMLS-R01908757,BMLS-CR141211

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!

Listing Highlights

Status Pending
Days on Site 26
Property Type Multi-Family
MLS ® 41143775
Year Built 1951
Total Square Footage 0
Lot/Acreage 0.14
County Alameda
Neighborhood Eastmont

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Back Yard,Front Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Shingle
  • Others: Wood Siding,2+ Total Units,Has ADU
  • Sewer:
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 403326321
  • Tax Year: N/A

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Monthly Payment

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  • in Taxes
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Questions About..

7430 Lockwood St Oakland, CA 94621

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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