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Listed by Je'an Eason, DRE #02067600 • Main Source Real Estate
$399,000
Est. payment /mo
4 Beds
2 Baths
1,916 SqFt
New
7430 Lockwood ST Oakland, CA 94621
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,916 sqft
Price per Sqft $208
MLS Listing ID EB41143775
Bedrooms 4
Year Built 1951
Lot Size 6,250 Sqft
Property Sub-Type Duplex
Source Bridge MLS
Property Description
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 co
Location
State CA
County Alameda
Area Oakland Zip Code 94621
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Flooring Vinyl, Carpet - Wall to Wall
Laundry None
Exterior
Exterior Feature Siding - Wood
Parking Features Detached Garage
Garage Spaces 4.0
Roof Type Composition
Others
Tax ID 403-326-321
Special Listing Condition New, Not Applicable
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