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7402 Lockwood St

Oakland, CA 94621
  • $1,775,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 41012459
UPDATED: 17 min ago
$1,775,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,340
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

Description

7402 Lockwood St is a 10-unit multifamily investment opportunity located in Oakland, California. Built-in 1962, the 7,342 square foot property consists of ten 2 bedroom/1 bathroom units in a two-story building of wood frame and stucco construction. Each unit is individually metered for PG&E and features private entries and gas wall heaters. Additional features of the property include coin-operated on-site laundry and off-street parking. Current ownership has done some renovations to the property including a Brand new roof, fresh exterior paint, and renovation of units as they become vacant. In all, the property provides a new investor with day one cash flow with additional rental upside with the turnover and renovation of vacant units.

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Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-01-27T21:38:18.417.

www.beardrealtyteam.com/homes/134205881
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7402 Lockwood St Oakland, CA 94621

  • Price: $1,775,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 17 min ago
  • ID#: 41012459
0
Beds
0
Baths
0
½ Baths
0.33
Acres
7,340
SQFT
$242
$/SQFT
1962
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
7402 Lockwood St is a 10-unit multifamily investment opportunity located in Oakland, California. Built-in 1962, the 7,342 square foot property consists of ten 2 bedroom/1 bathroom units in a two-story building of wood frame and stucco construction. Each unit is individually metered for PG&E and features private entries and gas wall heaters. Additional features of the property include coin-operated on-site laundry and off-street parking. Current ownership has done some renovations to the property including a Brand new roof, fresh exterior paint, and renovation of units as they become vacant. In all, the property provides a new investor with day one cash flow with additional rental upside with the turnover and renovation of vacant units.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Stucco Garage YN No Lot Size Area 0.33 Parking Features Parking Lot Parking Spaces Total 10

Interior Features

Basement Other Building Area Total 7340 Cooling None Cooling YN No Flooring Other Heating Wall Furnace Heating YN Yes

Property Features

Age 60 City Transfer Tax Yes For Sale Or Rent For Sale Lot Features Level Other Equipment None Point Of Sale Ordinance Yes Property Sub Type 5 Or More Units Special Listing Conditions Standard Water Source Public

Contra Costa Association of Realtors logo Listing courtesy of Monjid Aldiyyat of Berkshire Hathaway Home Svcs: [IDXCONTACTINFORMATION].


Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-01-27T21:38:18.417.

 
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KW Advisors | Beard Realty Team
4937 Telegraph Avenue Suite A
Oakland CA, 94609