808 Makaleka Ave
Honolulu, HI 96816

For Sale
Active
List Price
$1,388,000 (FS)
Property Type:
Multi-Family
Studio Units:
1
1-Bed Units:
5
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
3,000
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
3 - Tandem
MLS #:
202107337
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPAHULU
TMK:
1-2-7-032-015-0000
List Date:

REMARKS:

Super desirable location at the end of a cul de sac close to Waikiki, Kapahulu, and freeway in all directions. Solid value, stable tenant base, 4% cap on actual income and expenses make this an excellent investment. All units occupied, easy to rent with quaint, comfortable atmosphere for tenants who want to feel at home rather than renting a box in a building. All units separately metered for electric, landlord pays water. Must drive by to appreciate!

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1941
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$840,000
Assd. Val. Imprv:
$75,500
Assd. Val. Total:
$915,500
Tax Year:
2021
Monthly Taxes:
$268
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
None, Other
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Above Average
Construction:
Hollow Tile, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
1031 Exchange
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
Cash, Conventional, Exchange
Land Recorded:
Regular System
Exclusions:
--
Easements:
None
Set-Backs:
None

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 8, 2021.  Information is deemed reliable but not guaranteed.  Copyright: 2021 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies