For Sale: Active

3206 ALa Ilima Sts #30 units
Honolulu, HI 96818

$11,000,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
30
3-Bed Units:
0
Land Area (sf):
30,375
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
38 - Assigned
MLS #:
202403475
TMK:
1-1-1-059-018-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
SALT LAKE

REMARKS:

FIRST TIME ON MARKET! ****$2, 000, 000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24, 288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30, 375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1, 184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1973
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$3,889,400
Assd. Val. Imprv:
$1,966,200
Assd. Val. Total:
$5,855,600
Tax Year:
2023
Monthly Taxes:
$1,632
Home Exempt.:
--

SCHOOLS:

Elementary School:
Salt Lake
Middle School:
Moanalua
High School:
Moanalua

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 10, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of CBI Residential Advisory Svcs.