448 Kaiolu St

448 Kaiolu St
Honolulu, HI 96815

For Sale

Sold

Sold Price

$3,205,000 (FS)

List Price

$3,200,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 11
2-Bed Units:: 0
3-Bed Units:: 0

Land Area (sf):: 6,241
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 4 - Open

MLS #:: 202302793
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-017-065-0000

List Date:: April 28, 2023
Date Sold:: July 07, 2023

REMARKS:

Value Add Opportunity for this super charming property from a golden age of Hawaii architecture! Truly charming built ins, coin laundry, and secure units. Excellent location in the heart of Waikiki. Two story walk up, solid wood floors, mostly original plumbing, electric, and interiors. Secure building with so much potential. Most units used for storage and not occupied (except for owner) for many years. Income is Pro Forma only. Blank slate for your improvements and vision. Zoning is Apartment, Waikiki Special District.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: Partial

Year Built:: 1953
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $2,075,100
Assd. Val. Imprv:: $289,200
Assd. Val. Total:: $2,364,300

Tax Year:: 2022
Monthly Taxes:: $690
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

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

Lot Description:: Clear
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Fair
Construction:: Masonry/Stucco
Roofing:: Custom/Specialty, Other
Floor Covering:: --

Disclosures:: 1031 Exchange
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Land Court

Exclusions:: --
Easements:: Electric, Other
Set-Backs:: None

Compensation*:: 2.75
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 25, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies