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$ 1,950,000
$ 1,995,000 2.3%
Est. payment /mo
Sold on 01/10/2025
118 Hamilton Place Oakland, CA 94612
6,216 Sqft Lot
UPDATED:
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41077604
Sold Date 01/10/25
HOA Y/N No
Year Built 1910
Annual Tax Amount $26,745
Lot Size 6,216 Sqft
Property Description
118 Hamilton Place is an exceedingly well maintained 5-unit apartment community located in the heart of Oakland's Lake Merritt/Uptown Neighborhood. This property is EXEMPT from Rent-Control in 2011 as there was substantial renovation. This allows the property owner to increase the rents to market rates upon a lease anniversary without having to wait for a vacancy to achieve these increase. The property consists of three (3) 2-bedroom, 1-bath units, one (1) 3-bedroom, 1-bath unit and one (1) large 2-bedroom, 2-bath unit. The units are a combination of old-world charm with plus-spaces, laundry rooms and period details that have been all updated with new appliances, solid-surface counters and current cabinetry.
Location
State CA
County Alameda
Interior
Heating Forced Air, Heat Pump
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
View Y/N Yes
View City Lights
Building
Lot Description Sloped Down
Others
Tax ID 10799202
Financing Conventional
Listed by Jeffrey Rosenbloom • Red Oak Realty
Bought with Jatin Mehta • Kite Hill Real Estate
Bought with Jatin Mehta • Kite Hill Real Estate