2439 Ala Wai Blvd
Honolulu, HI 96815
Sold Price
$4,250,000 (FS)
List Price
$4,988,000 (FS)
- Property Type:
- Multi-Family
- Studio Units:
- 13
- 1-Bed Units:
- 4
- 2-Bed Units:
- 0
- 3-Bed Units:
- 0
- Land Area (sf):
- 4,654
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 10 - Covered
- MLS #:
- 202220377
- Island:
- Oahu
- Region:
- Metro Oahu
- Neighborhood:
- WAIKIKI
- TMK:
- 1-2-6-024-091-0000
- List Date:
- Date Sold:
REMARKS:
Diamond in the Rough! This beautiful example of tropical modern architecture is a once-in-a-lifetime opportunity to polish up and restore, value-add to its full potential and charm. Rents WAY below market. One electric meter—owner pays this, gas, and water. Covered parking, all long-term tenants. Property in escrow before listing, so actively looking for a backup buyer. Do not walk the property nor disturb tenants. No showings until offer is accepted and your Buyer is in first position.
PROPERTY INFORMATION:
- Zoning:
- X2 - Apartment Precinct
- Furnished:
- Partial
- Year Built:
- 1963
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $1,659,200
- Assd. Val. Imprv:
- $768,300
- Assd. Val. Total:
- $2,427,500
- Tax Year:
- 2022
- Monthly Taxes:
- $721
- Home Exempt.:
- --
SCHOOLS:
- Elem. School:
- --
- Middle School:
- --
- High School:
- --
OTHER PROPERTY FEATURES:
- Frontage:
- Stream/Canal
- View:
- Marina/Canal, Sunrise
- Pool:
- --
- Amenities:
- None
- Inclusions:
- --
- Security:
- --
- Assn. Fee Inclusions:
- --
- Other Fee Inclusions:
- --
- Lot Description:
- Clear
- Topography:
- Level
- Number of Stories:
- 4-7
- Building Style:
- --
- Property Condition:
- Needs Major Repair
- Construction:
- Masonry/Stucco
- Roofing:
- Custom/Specialty
- Floor Covering:
- --
- Disclosures:
- 1031 Exchange
- Possession:
- At Closing, Subject To Tenancy
- Terms Accept.:
- Cash, Conventional, 1031 Exchange
- Land Recorded:
- Land Court
- Exclusions:
- --
- Easements:
- Electric
- Set-Backs:
- None
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, October 10, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies