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Two-Unit Duplex with Detached Garage
New
For Sale
$399,000

7430 Lockwood Street, Oakland, CA 94621

Tenant-occupied duplex with separate water meters, a detached garage, off-street parking, and a sizable backyard.

Property Size1,916 SF
Price / SF$208.25
Days on Market7

Property Features for 7430 Lockwood Street

General Information

Standard status Active
Size 1,916 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1951
Tenancy Multi
Listing Agency: Main Source Real Estate
Listed By: Je'an Eason · License #02067600
Source: Exitrealty
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 10 at 3:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Source Real Estate

Investment Insights

Based on property information with market context.

This 1,916-square-foot duplex, built in 1951, contains two 2-bedroom, 1-bathroom units. Both residences include formal dining rooms, oversized bedrooms, and traditional layouts. The rear unit has updated finishes following a recent remodel, while the front unit presents an opportunity for future improvements. Both units are tenant occupied, and each has a separate water meter for tenant-paid water service.

A detached two-car garage, extended driveway, and large backyard provide additional utility beyond the residences. The garage has potential for ADU conversion, subject to buyer verification. The property is located at 7430 Lockwood Street in Oakland, with access to major commuter routes, public transportation, schools, shopping, and everyday amenities.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units within a 1,916‑square‑foot duplex
  • Rear unit recently remodeled; front unit offers future improvement opportunity
  • Both units are tenant occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

899
Businesses Nearby

Demographics for 94621, CA

35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with separate water meters, a detached garage, off-street parking, and a sizable backyard.
Where is this duplex located?
The property is located at 7430 Lockwood Street Oakland, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units within a 1,916‑square‑foot duplex; Rear unit recently remodeled; front unit offers future improvement opportunity; Both units are tenant occupied
More about this property
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