1924 S Beretania St

1924 S Beretania St
Honolulu, HI 96826

For Sale

Sold

Sold Price

$1,475,000 (FS)

List Price

$1,558,000 (FS)

Property Type:: Multi-Family
Studio Units:: 2
1-Bed Units:: 4
2-Bed Units:: 0
3-Bed Units:: 0

Land Area (sf):: 5,000
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 6 - Covered, Open, Tandem

MLS #:: 202114866
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: MOILIILI
TMK:: 1-2-8-010-006-0000

List Date:: June 05, 2021
Date Sold:: October 01, 2021

REMARKS:

Fantastic location in the middle of Honolulu. Perfect for an owner-user looking for immediate cashflow while they plan their new office/retail development, or an investor looking to keep the existing residential improvements. BMX-3 zoning allows for many options! Estimated traffic counts are over 23, 000 vehicles per day. Great exposure with one-way traffic and an existing signpost along Beretania. Former Ideal Keyshop location. Currently dedicated for residential tax usage (renewal in 2021). Main structure has 4 one-bedroom units, back structure has additional 2 studios with a shared bathroom. Currently generates $69k in gross annual rents. Subject to C&C road-widening setback if redeveloped.

View Map

PROPERTY INFORMATION:

Zoning:: 33 - BMX-3 Community Business M
Furnished:: None

Year Built:: 1941
Year Remodeled:: 2020

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,250,000
Assd. Val. Imprv:: $92,700
Assd. Val. Total:: $1,342,700

Tax Year:: 2020
Monthly Taxes:: $377
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:: Two
Building Style:: --
Property Condition:: Average, Fair
Construction:: Brick, Slab, Wood Frame
Roofing:: Asphalt Shingle
Floor Covering:: --

Disclosures:: 1031 Exchange, Licensed Owner, See Remarks
Possession:: At Closing
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
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 Thursday, April 18, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Forward Realty

For Sale

202114866