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    7231 Lockwood St Oakland, CA 94621

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    For Sale
    $795,000

    Well-maintained fourplex in Oakland's Hegenberger neighborhood.

    Lot size:
    0.06 Acres

    Property Features for 7231 Lockwood St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1959

    Source: BETTER HOMES REALTY/MCARTHR Agent Varnell Owens

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Fourplex with Modern Updates

    Located in Oakland's Hegenberger neighborhood, 7231 Lockwood Street is a well-maintained fourplex offering both comfort and convenience. The property features multiple units, each designed with modern updates to enhance tenant living experiences. The building contains four one-bedroom, one-bath units. The property is separately metered for PG&E and water.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.1814769
    Latitude
    37.7632826

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex in Oakland's Hegenberger neighborhood.
    Where is this quadplex located?
    The property is located at 7231 Lockwood St Oakland, CA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Well-maintained fourplex, perfect for investors or owner-occupants.; - Four one bedroom/one bath units offer comfortable living spaces.; - Modern updates to enhance tenant living experiences.
    (510) 336-9200
    Request Owner's contact information
    7231 Lockwood St Oakland, CA 94621
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    Oakland, CA 94621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7231 Lockwood St Oakland, CA 94621
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