7448 Lockwood St Oakland, CA 94621
MULTI_FAMILY - Oakland, CA
Property Features for 7448 Lockwood St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 5, Bedroom 8
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,560 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1957
- Number of units
- 4
- Flooring type
- Carpet, Linoleum, Laminate, Tile
- Building materials
- Stucco
- Roof type
- Flat
Listing agent Jason Pugao License #01908325 (510) 472-6916
Listing office Keller Williams Tri-Valley 3825 Hopyard Rd. Ste 106, Livermore, CA (925) 397-4200
Listing date May 14, 2025
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Fourplex with four 2‑bedroom, 1‑bath units, each with approximately 885 SF
- Each unit is separately metered for gas, electricity, and water
- Detached on‑site laundry room provides an additional income stream
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.8k | $34.20 |
| − Vacancy | −$5.2k | −$1.46 |
| EGI | $116.6k | $32.74 |
| − OpEx | −$35.0k | −$9.82 |
| NOI | $81.6k | $22.92 |
