For Sale: Active

808 Makaleka Ave
Honolulu, HI 96816

$1,399,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
1
1-Bed Units:
5
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
3,000
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
3 - Tandem
MLS #:
202400524
TMK:
1-2-7-032-015-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPAHULU

REMARKS:

$71, 914/yr CURRENT NOI. 4.96% CAP, self managed. $86, 314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
--
Year Built:
1941
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$927,500
Assd. Val. Imprv:
$79,000
Assd. Val. Total:
$1,006,500
Tax Year:
2023
Monthly Taxes:
$294
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 Thursday, May 9, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of CBI Residential Advisory Svcs.