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For Sale

Sold

Sold Price

$5,300,000 (FS)

List Price

$5,500,000 (FS)

Property Type:: Multi-Family
Studio Units:: 17
1-Bed Units:: 11
2-Bed Units:: 2
3-Bed Units:: 0

Land Area (sf):: 19,460
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 10 - Assigned, Covered

MLS #:: 201723318
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: MOILIILI
TMK:: 1-2-8-001-076-0000

List Date:: November 06, 2017
Date Sold:: June 15, 2018

REMARKS:

Rarely available mixed use medium density apartment zoning on a prime location in the center of Honolulu near the corner of Punahou and Young Street (in Moilili next to Punahou neighborhood). This property is close to the shops, restaurants, supermarket, bus stop, schools and hospitals on King and Punahou Street with endless future possibilities. This nearly square site features wide street frontage and consists of various mixed one and two story structures and covered parking - currently producing over 300K in annual gross income.

PROPERTY INFORMATION:

Zoning:: 17 - AMX-2 Medium Density Apt M
Furnished:: None

Year Built:: 1939
Year Remodeled:: 1950

FINANCIAL INFORMATION:

Assd. Val. Land:: $3,169,000
Assd. Val. Imprv:: $584,300
Assd. Val. Total:: $3,753,300

Tax Year:: 2016
Monthly Taxes:: $1,095
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: None
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: One, Two
Building Style:: --
Property Condition:: Fair
Construction:: Above Ground, Hollow Tile, Single Wall, Wood Frame
Roofing:: Asphalt Shingle
Floor Covering:: --

Disclosures:: Licensed Owner, Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

Exclusions:: --
Easements:: None
Set-Backs:: Of Record

Compensation*:: 2
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, April 16, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Savvy Realty & Loans