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$899,000
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Property Description
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.
Full Property Details
Full Property Details for 7448 Lockwood St
General
- Price: $899,000
- Status: Active
- Type: Multi-Family
- Source: MAX
- MLS ID: 41097428
- Updated: 1/12/2026
- Added to Site: 249 day(s) ago
Interior
- Appliances: Gas Water Heater
- Flooring: Laminate, Linoleum, Tile, Carpet
Rooms
Other Rooms
- Laundry: Common Area, Washer/Dryer Hookups
Additional Information
- Equipment: Other
Exterior
- Exterior Features: See Remarks
Parking
- Parking Features: Space Per Unit - 1
Location
- Area: Listing
- County: Alameda
- Subdivision: Oakland
- Driving Directions: Off 73rd, turn onto Lockwood
Heating & Cooling
- Cooling Type: No Air Conditioning
- Heating Type: Natural Gas, Wall Furnace
Utilities
- Sewer: Public Sewer
Structural Information
- Exterior Const.: Stucco
- Roof: Flat
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.22
- Lot Dimensions: 10000
- Lot Features: Rectangular Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $253
Listed by Keller Williams Tri-Valley, Jason Pugao
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Schools
Schools serving 7448 Lockwood St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
East Oakland Pride Elementary School 8000 Birch Street, Oakland, CA 94621 | K-5 | 0.4 mi |
Frick United Academy of Language 2845 64th Avenue, Oakland, CA 94605 | 6-8 | 0.7 mi |
Coliseum College Prep Academy 1390 66th Avenue, Oakland, CA 94621 | 6-12 | 0.7 mi |
Madison Park Academy 6-12 400 Capistrano Drive, Oakland, CA 94603 | 6-12 | 2.4 mi |
Castlemont High 8601 MacArthur Boulevard, Oakland, CA 94605 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7448 Lockwood St
Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$899,000
-5.37%
MLS
5/14/2025
Listed
$950,000
-5%
MLS
2/25/2022
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7448 Lockwood St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,071
37%
$1,061,200
2%
2024
$17,519
-1%
$1,040,400
2%
2023
$17,780
19%
$1,020,000
21%
2022
$14,933
7%
$840,935
2%
2021
$13,999
1%
$824,447
1%
2020
$13,835
26%
$816,000
26%
2019
$11,014
2%
$645,350
2%
2018
$10,779
5%
$632,698
2%
2017
$10,265
2%
$620,294
2%
2016
$10,078
16%
$608,134
27%
2015
$8,692
-26%
$480,000
13%
2014
$11,791
6%
$425,000
20%
2013
$11,074
—
$355,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7448 Lockwood St
7448 Lockwood St, Oakland, CA 94621 (MLS# 41097428) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 7448 Lockwood St is currently listed for $899,000 and was received on May 14, 2025. Want to learn more about 7448 Lockwood St? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

