7000 Lockwood St, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
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7000 Lockwood St
Oakland, California 94621
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
891Sq Ft
4,880Lot Size
Property Price
LIST PRICE$455,000
EST. MARKET VALUE
$455,000
SUMMARY
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.
Estimated Market Value
$455,000
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7000 Lockwood St Subject | $455,000* List Price | 2 | 1 | 891 | $511 | - |
A 1720 67th Ave Sold | $560,000 | 3 | 1 | 1,034 | $542 | 0.3 mi |
B 1709 Auseon Ave Sold | $500,000 | 2 | 1 | 1,000 | $500 | 0.9 mi |
C 1118 75th Ave Sold | $437,000 | 2 | 1 | 820 | $533 | 0.7 mi |
D 1068 1068 82nd Avenue Sold | $542,500 | 2 | 1 | 990 | $548 | 0.8 mi |
E 6719 Eastlawn St Sold | $510,000 | 3 | 1 | 1,014 | $503 | 0.8 mi |
F 2000 82nd Sold | $487,700 | 2 | 1 | 1,022 | $477 | 0.7 mi |
G 7317 Lockwood St Pending | $445,000 List Price | 2 | 1 | 870 | $511 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot and Parking
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.
- Approved Short Sale Pricing
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.
- Central Location
Situated in the Havenscourt neighborhood, the home is centrally located in Oakland, offering convenient access to urban amenities and transportation hubs.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
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.
- Historic Age and Limited Square Footage
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.
About 7000 Lockwood St
2 bedroom and 1 bathroom home centrally located in Oakland. Has long driveway garage, storage unit and an additional yard space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 4,880 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 891 | 1,630.086 |
| Lot Size | 4,880 | 5,044.686 |
| Price | $455.0K | $1.05M |
| Price per sq ft | $511 | $618 |
| Built year | 1905 | 1927 |
| HOA | $0 | $265 |
| Days on market | 174 | 37 |
Pricing History
Listed for Sale
Aug 28, 2026
$455,000
$468,000
-3% Price Drop
Initial Listing
Price Change
Jun 18, 2026
$468,000
$490,000
-4% Price Drop
Initial Listing
Price Change
Jun 13, 2026
$490,000
$399,000
+23% Price Increase
Initial Listing
Price Change
Mar 19, 2026
$399,000
Initial Listing
Sold
Jul 21, 2022
$630,000
Public Record
Sold
Jan 11, 2022
$45,000
Public Record