7000 Lockwood St, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
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Oakland, California 94621
This property presents a High-Potential Investment Opportunity with a List Price of $468,000—positioned well below the $407,272 Fair Market Value by -14%. While the short sale status requires patience, the modern interior renovation and Condition Rating of 2 ensure a turnkey aesthetic. The 4,880 sqft lot with a detached garage provides rare utility in the Havenscourt neighborhood. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a centrally located, updated home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7000 Lockwood St Subject | $468,000* List Price | 2 | 1 | 891 | $457 | - |
A 1068 1068 82nd Avenue Sold | $542,500 | 2 | 1 | 990 | $548 | 0.8 mi |
B 1720 67th Ave Sold | $560,000 | 3 | 1 | 1,034 | $542 | 0.3 mi |
C 1924 1924 84th Ave Sold | $510,000 | 2 | 1 | 768 | $664 | 0.8 mi |
D 1118 75th Ave Sold | $437,000 | 2 | 1 | 820 | $533 | 0.7 mi |
E 1927 83rd Ave Sold | $600,000 | 3 | 2 | 1,040 | $577 | 0.7 mi |
F 1927 86th Ave Sold | $395,000 | 2 | 1 | 792 | $499 | 0.9 mi |
G 1232 78th Ave Sold | $490,000 | 2 | 1 | 960 | $510 | 0.6 mi |
H 1272 83rd Ave Sold | $500,000 | 2 | 1 | 942 | $531 | 0.8 mi |
I 7412 Weld St Active | $392,000 List Price | 2 | 1 | 864 | $454 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1905, the property features a high-end, modern renovation clearly completed within the last 5 years. The bathroom showcases contemporary marble-patterned hexagonal floor tiles, matching wall slabs, and trendy matte black fixtures, indicating a full interior update that requires no immediate maintenance.
The property features a 4,880 sqft lot with a long driveway, a detached garage, and additional yard space, providing rare storage and utility for a home of this size.
With an approved short sale price, the property offers a competitive entry point into the Oakland market, priced significantly below its 2022 sale price of $630,000.
Situated in the Havenscourt neighborhood, the home is centrally located in Oakland, offering convenient access to urban amenities and transportation hubs.
As a short sale, the transaction involves third-party lender approval and potential procedural delays, which may be challenging for buyers with strict closing timelines.
Built in 1905 with only 891 square feet of living space, the property likely requires significant modernization and may feel restrictive for those seeking a contemporary layout.
Short sale approved price !! 2 bedroom and 1 bathroom home centrally located in Oakland. Has long driveway garage, storage unit and an additional yard space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 891 | 1,587.5 |
| Lot Size | 4,880 | 5,000 |
| Price | $468.0K | $1.06M |
| Price per sq ft | $525 | $623 |
| Built year | 1905 | 1928 |
| HOA | $0 | $338 |
| Days on market | 125 | 35 |
Jun 18, 2026
$468,000
$490,000
-4% Price Drop
Initial Listing
Jun 13, 2026
$490,000
$399,000
+23% Price Increase
Initial Listing
Mar 19, 2026
$399,000
Initial Listing
Jul 21, 2022
$630,000
Public Record
Jan 11, 2022
$45,000
Public Record