$1,995,000
Pending

118 Hamilton Place

Oakland, CA 94612
Listing OfficeRed Oak Realty
Browse 63 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Date ClosedJanuary 07, 2025
      • Property TypeMulti-Family
      • ViewCityLights
      • Lot DescriptionSlopedDown
      • Original List Price$1,995,000
      • MLS #41077604
      • MLS #41077604
      • CountyAlameda
      • Taxes Annual$26,745
      • Cost1995000
      • Acres0.1427
      • Year Built1910

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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