1876 Kapiolani Blvd

1876 Kapiolani Blvd
Honolulu, HI 96826

For Sale

Sold

Sold Price

$5,500,000 (FS)

List Price

$5,800,000 (FS)

Property Type:: Multi-Family
Studio Units:: 2
1-Bed Units:: 20
2-Bed Units:: 2
3-Bed Units:: 0

Land Area (sf):: 19,200
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 24 - Assigned, Open

MLS #:: 202221371
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: MCCULLY
TMK:: 1-2-3-033-042-0000

List Date:: November 07, 2022
Date Sold:: February 09, 2023

REMARKS:

Rare opportunity to develop 3 prime Kapiolani Blvd. lots sold as a package. Attractive mix of (20) 1-bedrooms, (2) 2 bedrooms, and (2) studios. !9, 800 sq. ft. of fee simple property to include TMK 1-2-3-033-042, 1-2-3-033-043 and 1-2-3-033-044. Do not disturb tenants. Schedule showings with Listor. Seller is a licensed broker. Sold in AS IS Condition with no credits or repairs. Please use Yali Kuang at Title Guaranty Escrow. Use Commercial PSA and AS IS ADDENDUM.

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PROPERTY INFORMATION:

Zoning:: 17 - AMX-2 Medium Density Apt M
Furnished:: --

Year Built:: 1952
Year Remodeled:: 1953

FINANCIAL INFORMATION:

Assd. Val. Land:: $3,993,000
Assd. Val. Imprv:: $318,700
Assd. Val. Total:: $4,311,700

Tax Year:: 2022
Monthly Taxes:: $1,258
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: None
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Other
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Fair
Construction:: Above Ground, Hollow Tile
Roofing:: Asphalt Shingle, Other
Floor Covering:: --

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

Exclusions:: --
Easements:: None
Set-Backs:: C&C

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 Tuesday, June 6, 2023. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. Listing courtesy of KC Realty LLC

For Sale

202221371