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Listed by Jeffrey Rosenbloom • Red Oak Realty
$1,995,000
Est. payment /mo
9 Beds
4 Baths
6,554 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 6,554 sqft
Price per Sqft $304
MLS Listing ID EB41077604
Bedrooms 9
Year Built 1910
Lot Size 6,216 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
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
Area Other Area
Interior
Heating Forced Air, Heat Pump
Cooling Central -1 Zone
Flooring Tile, Hardwood
Laundry In Laundry Room, Laundry Area - In Unit, Washer, Dryer
Exterior
Exterior Feature Stucco
View City Lights
Building
Lot Description Grade - Sloped Down , Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 10-799-20-2
Special Listing Condition Not Applicable
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