Bought with Jatin Mehta • Kite Hill Real Estate
$1,950,000
$1,995,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
6,554 SqFt
SOLD DATE : 01/10/2025
Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,554 sqft
Price per Sqft $297
MLS Listing ID 41077604
Sold Date 01/10/25
HOA Y/N No
Originating Board Bridge AOR
Year Built 1910
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, Hot Water
Cooling Central Air, Heat Pump
Flooring Hardwood, Tile
Fireplace Yes
Appliance Dishwasher, Built-In Range, Refrigerator, Dryer, Washer, Gas Water Heater
Laundry Dryer, Laundry Room, In Unit, Washer
Exterior
View City Lights
Building
Lot Description Sloped Down, Regular
Water Public
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