1508A Keeaumoku St
Honolulu, HI 96822

For Sale
Sold
Sold Price
$2,730,000 (FS)
List Price
$2,850,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
8
2-Bed Units:
4
3-Bed Units:
0
Land Area (sf):
9,717
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
11 - Assigned, Open
Property Photo
MLS #:
201929013
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MAKIKI AREA
TMK:
1-2-4-021-071-0000
List Date:
Date Sold:

REMARKS:

Rare and desirable Makiki 12 unit building on A-2 Zoned property. Huge potential to upgrade units further for better rental income or redevelop property for "highest & best Use" under Zoning. Looking for savvy Investor with multi-dwelling knowledge and construction experience to create ultimate Investment property. Or CPR possibilities? Level Flag Lot. Property consists of two separate structures with 11 parking stalls. Recent new roof & exterior painting completed. Most units on Month-to-month rental leases. Less than half of units with upgraded interiors. Each unit separately metered for Electricity and Gas with individual unit Laundry areas. Fully 100% tenant occupied. Buyer to do own Due Diligence of property condition during escrow. Property sold in Existing AS IS Condition. Important Do Not Walk on Property or Disturb Tenants. No Showings without Commercial PSA contract with qualified buyer.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1957
Year Remodeled:
2018

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,824,900
Assd. Val. Imprv:
$193,800
Assd. Val. Total:
$2,018,700
Tax Year:
2019
Monthly Taxes:
$589
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
Garden
Pool:
--
Amenities:
Storage
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Flag Lot
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Average
Construction:
Hollow Tile, Single Wall, Slab, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
1031 Exchange, Relative of Licensee
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
Cable, Driveway, Egress, Electric, Ingress
Set-Backs:
Of Record
Compensation*:
2.75
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, April 26, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Properties of the Pacific, LLC