721 Menehune Ln

721 Menehune Ln
Honolulu, HI 96826

For Sale

Sold

Sold Price

$3,675,000 (FS)

List Price

$4,000,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 15
3-Bed Units:: 0

Land Area (sf):: 12,934
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 15 - Open

MLS #:: 202004331
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: KAPIOLANI
TMK:: 1-2-7-023-042-0000

List Date:: March 06, 2020
Date Sold:: May 29, 2020

REMARKS:

The Ultimate Find! Well-maintained 3 story hollow tile building with 1:1 parking off Date Street. Excellent rent ability, super stable tenant pool, and all units separately metered for electric. New roof 2016 with 12 year roof warranty, 2017 brand new guard rails with spalling repair.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: Partial

Year Built:: 1968
Year Remodeled:: 2019

FINANCIAL INFORMATION:

Assd. Val. Land:: $2,365,300
Assd. Val. Imprv:: $901,900
Assd. Val. Total:: $3,267,200

Tax Year:: 2020
Monthly Taxes:: $901
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Stream/Canal
View:: Other
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: Three
Building Style:: --
Property Condition:: Above Average
Construction:: Hollow Tile
Roofing:: Other
Floor Covering:: --

Disclosures:: None
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Land Court

Exclusions:: --
Easements:: Egress, Electric, Ingress, 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 Friday, July 26, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies