745 Makaleka Ave
Honolulu, HI 96816
- Property Type:
- Multi-Family
- Studio Units:
- 0
- 1-Bed Units:
- 2
- 2-Bed Units:
- 6
- 3-Bed Units:
- 0
- Land Area (sf):
- 6,068
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 7 - Assigned, Open, Tandem
- MLS #:
- 202209008
- TMK:
- 1-2-7-034-018-0000
- List Date:
- Island:
- Oahu
- Region:
- Metro Oahu
- Neighborhood:
- KAPAHULU
REMARKS:
First time on the market. Well-maintained 8 unit all-concrete building with excellent unit mix – (6) 2-bedroom and (2) 1-bedroom units. 9 total parking stalls available. 7 on-site parking stalls (one stall is tandem) + 2 stalls leased directly across Makaleka Street for $60/mo each. There is also the ability to rent additional stalls across the street if desired, and plenty of street parking. All units have lanais and most have washing machines. This building has copper gutters, separate electrical meters, and a rare yard in the back. Over $200, 000 in capital improvements over the past 5 years. Sizeable land area provides development options under Bill 7. Very close to stores and restaurants on Kapahulu Ave. 3 units are vacant and easy to show. Proforma NOI should be closer to $125, 600.
PROPERTY INFORMATION:
- Zoning:
- 12 - A-2 Medium Density Apartme
- Furnished:
- --
- Year Built:
- 1962
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $1,508,300
- Assd. Val. Imprv:
- $302,100
- Assd. Val. Total:
- $1,810,400
- Tax Year:
- 2022
- Monthly Taxes:
- $497
- Home Exempt.:
- --
SCHOOLS:
- Elementary School:
- Liholiho
- Middle School:
- Kaimuki
- High School:
- Kaimuki
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, May 7, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Standard Management LLC