For Sale: Sold

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

$2,500,000 (FS)
Sold Price
$2,400,000 (FS)
List Price
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
MLS #:
202311583
TMK:
1-2-2-003-008-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
PUNCHBOWL AREA

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:

Elementary School:
Royal
Middle School:
Kawananakoa
High School:
Roosevelt

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Coldwell Banker Realty