MLS Number 202207253 For Sale
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Excellent development potential for a Bill 7 build. Wastewater was preliminarily approved for 34 units. Great neighborhood, located across from the Ala Wai Golf Course and close to Waikiki. The property is zoned A-2 (Medium Density Apartment), with two homes on an approx 6,000 sq ft lot. Both dwellings are 2 bedroom/ 1 bath. Property tax records may not match. Tenants on a month-to-month lease, current rental income $4,600. Preliminary Architectural Drawing and Sewer Connection application in supplements, Buyer to do their due diligence. Sold "As Is". Seller will do 1031 Exchange. The listing agent is one of the owners. Please do not disturb tenants. Also listed as Multi-Family Mls #202207496. Listing information courtesy of Town and Country Real Estate
Item | Details (Information deemed reliable, but not guaranteed.) |
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Property Type | Single Family |
Bedrooms | 4 |
Full Bathrooms | 2 |
Interior Living Area | 1,258 sq. ft.
116.87 sq. m. |
Total Area |
1,390 sq. ft. 129.14 sq. m. |
Garage/Carport Area |
240 sq. ft. 22.30 sq. m. |
Lot Size Area |
0.138 acres
557.42 sq. m. |
Year Built | 1931 |
Parking Total | 6 |
Parking Type |
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Property Condition | Average |
Utilities |
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Views |
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Inclusions |
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Flooring |
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Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Amenities |
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Architectural Style |
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Construction Materials |
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Easements |
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Location | Other |
Lot Features |
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Property Frontage |
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Roof | Asphalt Shingle |
Security |
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Stories | One, Two |
Item | Details (Information deemed reliable, but not guaranteed.) |
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Current Price | $1,895,000 FS - Fee Simple |
Price / Sq. Ft. | $1,506.36 / Sq. Ft. |
Land Tenure | FS - Fee Simple (You own the land.) |
Tax Assessed Value | $1,596,500 |
Tax Assessed Value Improvements | $101,500 |
Tax Assessed Value Land | $1,495,000 |
Tax Exemption Owner Occupancy | $0 |
Tax Amount | $392 / Month |
Tax Year | 2022 |
TMK (Tax Map Key) | 1-2-7-034-012-0000 |
Item | Details |
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City | Honolulu |
Neighborhood | Kapahulu |
Zip Code | 96816 |
Zoning | 12 - A-2 Medium Density Apartme |
Flood Zone | Zone X |
Elementary School | Jefferson |
Middle School | Washington |
High School | Kaimuki |