$899,000
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.
Facts & features
- Bathrooms
- 0
- Appliances
- Gas Water Heater
- Flooring
- Carpet, Laminate, Tile
- Heating
- Natural Gas, Wall Furnace
- Lot size
- 0.23 acres (10,000 sq ft)
- Year built
- 1957
- Parking spaces
- 4
- County
- Alameda
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 353
- Listed
- 2025-05-14
- Original price
- $950,000
- Terms
- Cash, Exchange 1031
- Parcel #
- 403326302
- MLS #
- 41097428
