1568 Pensacola St

1568 Pensacola St
Honolulu, HI 96822

For Sale

In Escrow

List Price

$1,488,000 (FS)

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

Land Area (sf):: 7,185
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 3 - Assigned, Covered

MLS #:: 202018096
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: MAKIKI AREA
TMK:: 1-2-4-018-002-0000

List Date:: July 30, 2020

REMARKS:

Location, Location, Location. Excellent investment opportunity with easy access to Ala Moana, Punahou, Punchbowl, Downtown, and the freeway in all directions. Apartment-zoned, not a tear-down, but ripe for re-development. Bill 7 possibility with stable, existing income from 2 tenants of just under $4, 500/mo. Collect the rent while going for permits—land cost breaks down to approximately $235/sf with unbeatable location, 60’ height limit. Drive by today to understand the full possibility of the lot.

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PROPERTY INFORMATION:

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

Year Built:: 1919
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,526,900
Assd. Val. Imprv:: $88,700
Assd. Val. Total:: $1,615,600

Tax Year:: 2020
Monthly Taxes:: $471
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: One
Building Style:: --
Property Condition:: Above Average
Construction:: Above Ground, Wood Frame
Roofing:: Composition
Floor Covering:: --

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

Exclusions:: --
Easements:: Sewer
Set-Backs:: None

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, November 25, 2020. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies

For Sale

202018096