396 N School St

396 N School St
Honolulu, HI 96817

For Sale

Active

List Price

$2,550,000 (FS)

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

Land Area (sf):: 14,354
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 10 - Open

MLS #:: 202321108
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: KUAKINI
TMK:: 1-1-7-018-047-0000

List Date:: September 19, 2023

REMARKS:

This sale includes two properties (396 N School St - approximately 2, 422 sf of land and 1615 Kapua Lane - approximately 11, 932 sf of land. Total land size is approximately 14, 354 sf). A-1 zoning. Large level lot is ideal for a multi-family development. Location in town with easy access to the freeway going in both directions. Near shopping, dining, and entertainment. Improvements have no value. Buyer to do their own due diligence in regards to redevelopment of the property.

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PROPERTY INFORMATION:

Zoning:: 11 - A-1 Low Density Apartment
Furnished:: --

Year Built:: 1925
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,886,800
Assd. Val. Imprv:: $103,600
Assd. Val. Total:: $1,990,400

Tax Year:: 2023
Monthly Taxes:: $580
Home Exempt.:: --

SCHOOLS:

Elem. School:: Kauluwela
Middle School:: Kawananakoa
High School:: Mckinley

OTHER PROPERTY FEATURES:

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

Lot Description:: Clear
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Needs Major Repair, Tear Down
Construction:: Wood Frame
Roofing:: Asphalt Shingle
Floor Covering:: --

Disclosures:: None
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: Of Record

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 Wednesday, May 1, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Forward Realty