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7430 Lockwood Street

Oakland, CA 94621
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Bed 4

Bed

Bath 2

Bath

SqFt6,250

Sqft(Lot)

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!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $399,000

AD Id : 89044503

MLS Id : 41143775

Beds : 4

Lot Size : 6,250 Sqft

Year Built : 1951

County : Alameda

Subdivision: Lehigh Acres

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes

  • Building Information

    Year Built: 1951
    Construction Materials: WoodSiding
    Private Pool: No

  • Lot Information

    Main Square Feet: 6250 Lot Size Acres: 0.1435 Lot Size Source: PublicRecords Lot Size Square Feet: 6,250 Lot Description: BackYard,FrontYard

    Property Information

    Subdivision: EASTMONT Source Property Type: ResidentialIncome Property SubType: Duplex Property Age: 75

  • Listing Price Information

    Listing Price: $399000
    Cash, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 403326321

  • Location Information

    Direction: Cross Street: 73rd Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Holly Street, Oakland, CA, 94621 $547,500 -- -- 1,498 1,498 SqFt
Plymouth Street, Oakland, CA, 94621 $888,000 -- -- 3,178 3,178 SqFt
84th Avenue, Oakland, CA, 94621 $450,000 -- -- 1,522 1,522 SqFt
1669 85th Avenue, Oakland, CA, 94621 $850,000 7 -- 3,152 3,152 SqFt
7448 Lockwood St, Oakland, CA, 94621 $899,000 8 4 --
7341 Lockwood St, Oakland, CA, 94621 $399,999 4 2 --
7106 Lockwood St, Oakland, CA, 94621 $749,999 -- -- --
1817 73rd Ave, Oakland, CA, 94621 $795,000 8 4 --
5717 E 16th Street, Oakland, CA, 94621 $729,000 -- -- 2,128 2,128 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 09:33

MLS: 41143775 LISTED BY: Je'an Eason, Main Source Real Estate 510-761-8217 SOURCE: CRMLS

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