312-A & 312-B Iolani Ave
Honolulu, HI 96813

For Sale
Sold
Sold Price
$2,500,000 (FS)
List Price
$2,400,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
2
2-Bed Units:
3
3-Bed Units:
1
Land Area (sf):
19,012
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
11 - Assigned, Covered, Open
Property Photo
MLS #:
202311583
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
PUNCHBOWL AREA
TMK:
1-2-2-003-008-0000
List Date:
Date Sold:

REMARKS:

Calling all Investors! Introducing an investment opportunity to own four dwellings with a range of bedroom/bath layouts conveniently located in the heart of Punchbowl. This A-1 Apartment zoned property includes 2 TMK’s (1) 2-2-3-8 & TMK (1) 2-2-3-70 and 4 separate buildings known as 312-A, 312, 314 & 312-B Iolani Ave. The layout is comprised as followings: 314 Iolani, Front Right Building offers: 2 Bedroom/1 full Bath. 312 Iolani, Front Left Building offers: 2 Bedroom & 2 full Bath. 312-A Iolani, the Main House is located in the middle of the property offers: 4 Bedroom, 1 full Bath, 3 half Baths. Additionally, 312-B Iolani offers: One, 2-Bedroom & 1-full Bath unit AND/ Two, 1-Bedroom & 1-full Bath units. Gas is paid by each individual tenant. Owner takes care of water (entire property) & electricity for Building B units. (5 gas meters, 4 electric meters, & 2 water meters in total). There are 7 covered parking stalls, two, 2-car carports (314 & 312) & 1 open parking. This property offers flexibility, multiple rental opportunities & an excellent addition to your multifamily investment portfolio & best of all, is just minutes away from downtown Honolulu & easy freeway access.

PROPERTY INFORMATION:

Zoning:
11 - A-1 Low Density Apartment
Furnished:
--
Year Built:
1942
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$3,483,300
Assd. Val. Imprv:
$234,500
Assd. Val. Total:
$3,717,800
Tax Year:
2023
Monthly Taxes:
$1,005
Home Exempt.:
--

SCHOOLS:

Elem. School:
Royal
Middle School:
Kawananakoa
High School:
Roosevelt

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Garden, Mountain
Pool:
--
Amenities:
Storage
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Gentle Slope, Level, Terraced, Up Slope
Number of Stories:
One, Two
Building Style:
--
Property Condition:
Average
Construction:
Above Ground, Single Wall, Wood Frame
Roofing:
Asphalt Shingle, Other
Floor Covering:
--
Disclosures:
Property Disclosure Stmt
Possession:
At Closing, Negotiable, Subject To Tenancy
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
Sewer
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 Monday, May 6, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Coldwell Banker Realty