7448 Lockwood Street

Oakland, CA 94621

$1,050,000
Price
7
Beds
4.5
Baths
3,536 Sq. Ft.
$297 / Sq. Ft.
3,536
Sq. Ft.
$297
per Sq. Ft.

Description

Investment Opportunity Fourplex in Great Location. Three units are 2 Bed/1 Full Bath and one is 1 Bed/1.5 baths. Approximate Square Footage of Each Unit is 773-777 SQ FT. Upon closing 2 Units will be vacant and estimated rents range from $1750-$2400. Each Unit pays its Own PG&E & Water. Asphalt Driveway and Massive Parking Area Behind Unit. Laundry Unit Provides Extra Income. Property is currently managed by local property management team. Turn-Key Investment with Excellent Rents.Investment Opportunity Fourplex in Great Location. Three units are 2 Bed/1 Full Bath and one is 1 Bed/1.5 baths. Approximate Square Footage of Each Unit is 773-777 SQ FT. Upon closing 2 Units will be vacant and estimated rents range from $1750-$2400. Each Unit pays its Own PG&E & Water. Asphalt Driveway and Massive Parking Area Behind Unit. Laundry Unit Provides Extra Income. Property is currently managed by local property management team. Turn-Key Investment with Excellent Rents.
  1. Listed by Jason Pugao • DRE #01908325 • Keller Williams Tri-Valley

Property Details for 7448 Lockwood Street

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Parking Area
Park Spaces Total
6

Location

Listing Courtesy of Keller Williams Tri-Valley, Jason Pugao, DRE #01908325
Add your commute
LISTING UPDATED: 02/21/2024 01:59 PM

Property Details for 7448 Lockwood Street

StatusActive
MLS #41049579
Days on Compass80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1957
Lot Size0.23 AC / 10,000 SF
CountyAlameda County

Location

Listing Courtesy of Keller Williams Tri-Valley, Jason Pugao, DRE #01908325
Add your commute

Building Information for 7448 Lockwood Street

Stories-Residences4Year Built1957Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$7,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$1,482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7448 Lockwood Street

Features
Feature Details
  • Flooring: Laminate, Tile
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Siding - Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 10000
  • Lot Size Square Feet: 10000.0
  • Roof: Tar and Gravel
  • Sq Ft Apx: 3536
  • Yard Description: Fenced
  • Year Built: 1957
  • Acres: 0.23
Location Details
  • Directions to Property: 73rd Ave to Lockwood St
  • FIPS Code: 06001
  • Parcel Number: 40-3326-30-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Parking Area
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Projected
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Vacant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1.5
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Vacant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
Additional Information
Additional Information
  • Fireplace: No

Property History for 7448 Lockwood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7448 Lockwood Street

Taxable ValueLand$306,000Additions$714,000Total$1,020,000
Tax Record2023$17,780 ($1,482 / month)
Home Facts
Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtStories2Lot Size10,000 SqFtStyleQuadraplexYear Built1957CountyALAMEDAAPN40-3326-30-2

Schools near 7448 Lockwood Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
East Oakland Pride Elementary School
PublicK to 5

Frick United Academy of Language
Public6 to 8

Castlemont High
Public9 to 12

Aspire College Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7448 Lockwood Street is a multi-family home for sale in Oakland, CA 94621. This property was listed for sale on February 9, 2024 by Keller Williams Tri-Valley, it's currently listed at $1,050,000. It has been on the market for a total of 80 days and was last sold on February 25, 2022. This listing's school district is Oakland Unified School District. Nearby schools include East Oakland Pride Elementary School, Frick United Academy of Language and Castlemont High. 7448 Lockwood Street is a 7-bed, 4.5-bath, 3,536 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Tri-Valley, Jason Pugao, DRE #01908325

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.