102 Hamilton Pl, Oakland, California 94612, Oakland, - bed, bath

home-pic
ACTIVE$750,000
102 Hamilton Pl, Oakland, California 94612
0Bed
0Bath
Sqft
4,050Lot
Year Built
1896
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41113483
Home ConditionPoor
Features
View-

About this home

INVESTOR SPECIAL. Please do not disturb occupants. Charming Queen Anne-style home, originally built as a single-family residence and converted into two separate units in the 1970s. The storage/garage area offers potential for expansion and legalization as an ADU (Accessory Dwelling Unit) or potentially two units. Zoning allows for 4 units at the location (RM-2 and with a 4,000 sq.ft. lot) in addition to ADUs. A fixer with lots of possibilities and opportunity. The property includes a ground-level garage/storage area and is conveniently located near downtown Oakland, Kaiser Permanente, and Lake Merritt. Excellent location with a Walk Score of 86, Bike Score of 87, and Transit Score of 70.

Price History

Date
Event
Price
10/02/25
Listing
$750,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot00
Lot Size4,0503,675
50%
Price$750K$788K
50%
Price per square foot$0$0
Built year18969490950
25%
HOA
Days on market33140
25%
Condition Rating
Poor

This property, built in 1896 and last significantly updated with a conversion in the 1970s (over 50 years ago), is explicitly described as an 'INVESTOR SPECIAL' and 'A fixer.' The images confirm this assessment. Both kitchens are severely outdated with old tile countertops, basic cabinets, and older appliances (one unit has a newer fridge, but the overall kitchen is still very dated). There's no central HVAC, relying on wall-mounted heaters. Flooring is a mix of worn hardwood and old, stained carpets. The overall condition indicates a need for substantial repairs and rehabilitation, including major system replacements and a complete overhaul of kitchens and bathrooms, to meet current living standards.
Pros & Cons

Pros

Significant Development Potential: Zoning (RM-2) allows for up to 4 units plus ADUs on the 4,000 sq.ft. lot, offering substantial future income generation or resale value.
Prime Urban Location: Excellent Walk Score (86), Bike Score (87), and Transit Score (70), with proximity to downtown Oakland, Kaiser Permanente, and Lake Merritt, appealing to a broad tenant base.
Existing Income Property: Currently configured as a duplex, providing an immediate foundation for rental income.
ADU Expansion Opportunity: The ground-level garage/storage area presents a clear path for additional unit conversion, further maximizing income potential.
Historic Architectural Appeal: A charming Queen Anne-style home built in 1896 offers unique character and curb appeal, which can be a draw for certain buyers or tenants.

Cons

Extensive Renovation Required: Explicitly described as 'A fixer,' indicating significant capital investment and effort will be needed for repairs, upgrades, and potential redevelopment.
Occupancy and Access Constraints: The 'do not disturb occupants' directive suggests potential challenges with property access for showings, inspections, and future development plans involving current tenants.
Age-Related System Obsolescence: Built in 1896, the property likely has outdated infrastructure (plumbing, electrical, HVAC) and may require extensive modernization to meet current standards and tenant expectations.

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