2112 Citron St
Honolulu, HI 96826

For Sale
Active
List Price
$3,695,000 (FS)
Property Type:
Lots/Acres/Farms
Bedrooms:
--
Full Baths:
--
Half Baths:
--
Land Area (sf):
12,000
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
----
MLS #:
202212418
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MOILIILI
TMK:
1-2-7-007-050-0000
List Date:

REMARKS:

PRIME LOT situated in the heart of Honolulu less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development, live in one, rent the other/ land bank and build later/ rent out as is—it’s all up to you! Owner has the following dd items: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented well below market sixth is a tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48, 000sf of floor area or standard A2 zoning for up to 16, 080sf that takes advantage of the city's newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3, 864 and up per unit (i.e. up to over $230, 000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**

PROPERTY INFORMATION:

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

FINANCIAL INFORMATION:

Assd. Val. Land:
$2,460,000
Assd. Val. Imprv:
$205,800
Assd. Val. Total:
$2,665,800
Tax Year:
2022
Monthly Taxes:
$780
Home Exempt.:
--
Maintenance Fees:
$0/mo.
Association Fees:
$0/mo.
Other Fees:
$0/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
None
Pool:
--
Amenities:
--
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Other
Topography:
Level, Other
Number of Stories:
--
Building Style:
--
Property Condition:
--
Construction:
--
Roofing:
--
Floor Covering:
--
Disclosures:
1031 Exchange
Possession:
--
Terms Accept.:
Cash, Conventional, Exchange
Land Recorded:
Land Court
Exclusions:
--
Easements:
Electric
Set-Backs:
C&C, Of Record
Compensation*:
2.5

* 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 Monday, August 8, 2022.  Information is deemed reliable but not guaranteed.  Copyright: 2022 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies