For Sale: Sold

438 Launiu St
Waikiki, HI 96815

$2,100,000 (FS)
Sold Price
$1,995,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
2
2-Bed Units:
2
3-Bed Units:
0
Land Area (sf):
5,000
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
4 - Assigned
MLS #:
201821357
TMK:
1-2-6-017-047-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

MAJOR PRICE REDUCTION! 438 Launiu St is a rare opportunity to purchase a 4-unit fee simple multifamily property located in the heart of Waikiki, across from the Ritz Carlton. Constructed of concrete masonry in great condition, the units provide direct access to on-site street level parking. Unit Breakdown: Two 1 Bed/1 Bath units, One - 2 Bed/1 Bath, & One - 2 Bed/2 Bath unit. "Also For Sale" as a separate offering, directly adjacent is 444 Launiu St. Consists of 5 units, Two - 1 Bed/1 Bath units, Two Studios, & One - 2 Bed/2 Bath unit. Spacious units with rental upside for the new owner. Each unit is assigned their own parking spot. There is a total of 9 parking spots assigned for both buildings combined.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
--
Year Built:
1941
Year Remodeled:
2005

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,496,300
Assd. Val. Imprv:
$116,000
Assd. Val. Total:
$1,612,300
Tax Year:
2017
Monthly Taxes:
$436
Home Exempt.:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, May 1, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Elite Pacific Properties, LLC