Property Detail

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.