7430 Lockwood Street, Oakland, CA

$399,000

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4

Beds

1,916

Square feet

0.14

Acres

About 7430 Lockwood Street

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!

Features of 7430 Lockwood Street

MLS® # 41143775
Price $399,000
Bedrooms 4
Square Footage 1,916
Acres 0.14
Year Built 1951
Type Residential Income
Sub-Type Duplex
Status Pending

Community Information

Address 7430 Lockwood Street
Subdivision EASTMONT
City Oakland
County Alameda
State CA
Zip Code 94621

Amenities

Parking Detached
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No

Exterior

Exterior Features Back Yard, Dog Run, Front Yard
Lot Description Back Yard, Front Yard
Construction Wood Siding

Additional Information

Date Listed August 3rd, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJe'an Eason
OfficeMain Source Real Estate

Listing Map

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