For Sale: In Escrow

1568 Pensacola St
Honolulu, HI 96822

$1,388,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
1
3-Bed Units:
1
Land Area (sf):
7,185
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
3 - Assigned, Covered
MLS #:
202018096
TMK:
1-2-4-018-002-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MAKIKI AREA

REMARKS:

Location, Location, Location. Excellent investment opportunity with easy access to Ala Moana, Punahou, Punchbowl, Downtown, and the freeway in all directions. Apartment-zoned, not a tear-down, but ripe for re-development. Bill 7 possibility with stable, existing income from 2 tenants of just under $4, 500/mo. Collect the rent while going for permits—land cost breaks down to approximately $235/sf with unbeatable location, 60’ height limit. Drive by today to understand the full possibility of the lot.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1919
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,526,900
Assd. Val. Imprv:
$88,700
Assd. Val. Total:
$1,615,600
Tax Year:
2020
Monthly Taxes:
$471
Home Exempt.:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, January 27, 2021.  Information is deemed reliable but not guaranteed.  Copyright: 2021 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies