1237 Palolo Ave

1237 Palolo Ave
Honolulu, HI 96816

For Sale

Sold

Sold Price

$1,960,000 (FS)

List Price

$2,500,000 (FS)

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

Land Area (sf):: 8,073
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 6 - Assigned, Open

Sale Conditions:

Subject To Replacement Property

MLS #:: 202201596
Island:: Oahu
Region:: Diamond Head
Neighborhood:: PALOLO
TMK:: 1-3-3-003-034-0000

List Date:: February 01, 2022
Date Sold:: July 26, 2022

REMARKS:

Large 8, 073 square feet lot zoned R-5 with a five-unit building in Palolo. Close to McDonald on Waialae Ave. Building has been adequately maintained for its age (Unit #1 has been fully renovated in 2021). Conveniently located near restaurants, supermarkets, schools, public transportation and H-1 Access. Coin operated washer and dryer on site. Ample storage and large open deck. Property to be sold "AS IS".

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PROPERTY INFORMATION:

Zoning:: 5 - R-5 Residential
Furnished:: Partial

Year Built:: 1972
Year Remodeled:: 2021

FINANCIAL INFORMATION:

Assd. Val. Land:: $2,355,700
Assd. Val. Imprv:: $166,900
Assd. Val. Total:: $2,522,600

Tax Year:: 2022
Monthly Taxes:: $654
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Mountain
Pool:: --
Amenities:: Storage
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Other
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Above Average, Average
Construction:: Hollow Tile, Single Wall, Slab, Wood Frame
Roofing:: Other
Floor Covering:: --

Disclosures:: 1031 Exchange, Non Resident Owner
Possession:: Subject To Tenancy
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

Exclusions:: --
Easements:: None
Set-Backs:: C&C

Compensation*:: 2.5%
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 Friday, May 3, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Dower Realty, Inc.