1568 Pensacola St
Honolulu, HI 96822
Sold Price
$1,388,000 (FS)
List Price
$1,388,000 (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:
- Date Sold:
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.
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, 1031 Exchange
- Land Recorded:
- Regular System
- Exclusions:
- --
- Easements:
- Sewer
- Set-Backs:
- None
- Compensation*:
- 2.25
- 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 Wednesday, April 24, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies