3206 ALa Ilima Sts #30 units
Honolulu, HI 96818

For Sale
Active
List Price
$11,000,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
30
3-Bed Units:
0
Land Area (sf):
30,375
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
38 - Assigned
MLS #:
202403475
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
SALT LAKE
TMK:
1-1-1-059-018-0000
List Date:

REMARKS:

FIRST TIME ON MARKET! ****$2, 000, 000 PRICE REDUCTION!***** Trophy 3- story concrete apartment building (24, 288 sf) in Salt Lake next to Hoa Aloha Neighborhood Park. 30 units (all 2 bedrooms) on 30, 375 sf of A-2 zoned land (150" height limit) and one manager's office. 28 units are 2 beds, 1 bath (768sf) while 2 corner units are larger, 2 bed, 2 bath (1, 184 sf) with private lanais and washer/dryer. 38+ parking stalls. 100% occupied. Rents under market and opportunities exist for additional income streams, i.e. utility recapture/pet fees/etc. Concrete spalls repairs completed. Exterior painting in progress and to be completed by 3/01/2024. Coin operated laundry facility on site.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1973
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$3,889,400
Assd. Val. Imprv:
$1,966,200
Assd. Val. Total:
$5,855,600
Tax Year:
2023
Monthly Taxes:
$1,632
Home Exempt.:
--

SCHOOLS:

Elem. School:
Salt Lake
Middle School:
Moanalua
High School:
Moanalua

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Garden
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Three
Building Style:
--
Property Condition:
Above Average
Construction:
Concrete, Double Wall, Masonry/Stucco
Roofing:
Pitch & Gravel
Floor Covering:
--
Disclosures:
None
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
1031 Exchange, Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
None
Set-Backs:
None
Compensation*:
2
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 Sunday, April 21, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of CBI Residential Advisory Svcs.