7317 Lockwood St, Oakland, California 94621, Oakland, 94621 - 2 bed, 1 bath
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Oakland, California 94621
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $450,000—positioned well below the $467,137 Fair Market Value by 3%. This valuation gap offers $17,137 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully updated kitchen, quartz counters, and refinished hardwood floors, the home requires no immediate maintenance. Its commuter-friendly location near major freeways and transit makes this an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7317 Lockwood St Subject | $450,000* List Price | 2 | 1 | 870 | $537 | - |
A 1118 75th Ave Sold | $437,000 | 2 | 1 | 820 | $533 | 0.6 mi |
B 1720 67th Ave Sold | $560,000 | 3 | 1 | 1,034 | $542 | 0.4 mi |
C 1272 83rd Ave Sold | $500,000 | 2 | 1 | 942 | $531 | 0.6 mi |
D 1557 79th Avenue Sold | $540,000 | 3 | 1 | 1,012 | $534 | 0.3 mi |
E 1232 78th Ave Sold | $490,000 | 2 | 1 | 960 | $510 | 0.5 mi |
F 1614 72nd Ave Active | $549,000 List Price | 2 | 2 | 1,020 | $538 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has just finished a complete update, placing the renovation age at less than one year. It features a modern kitchen with quartz countertops and stainless steel appliances, refinished hardwood floors, and updated central heating, meeting the criteria for mint condition with no immediate maintenance required.
The property features recent updates including hardwood flooring and a fully remodeled kitchen with quartz countertops and stainless steel appliances, offering a move-in-ready aesthetic.
A long driveway provides off-street parking for multiple vehicles, leading to a large backyard with a storage shed, which is a significant utility advantage in this urban setting.
The home is strategically located near the Eastmont Shopping Center, public transit, and major 580/880 freeway corridors, ensuring convenient access to amenities and employment hubs.
At only 870 square feet, the compact living area and single-bathroom layout may be restrictive for growing families or those requiring more interior space.
Built in 1924, the property's century-old age may present underlying maintenance requirements or the need for future system upgrades typical of older structures.
Wow. Just finished Updating. Featuring Hardwood Floors, Updated Kitchen with Quartz counters, Gas Stove, Microwave oven, Dishwasher, Stainless Steel Sink, Central Heat. Long driveway can accommodate multiple vehicles and opens to big backyard with Backyard Shed. Convenient to Eastmont Shopping Center, Bus stops, schools, 580 and 880 Freeways and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 870 | 1,160.5 | 12% |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $450.0K | $510.0K | 36% |
| Price per sq ft | $517 | $445 | 78% |
| Built year | 1924 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 190 | 2% |
May 22, 2026
$450,000
Initial Listing
Mar 9, 2005
$330,000
Public Record
Jun 11, 2004
$270,000
Public Record
Dec 20, 1996
$90,000
Public Record
Nov 1, 1996
$35,000
Public Record