Approximately 4% cap rate, rental income is pro forma. Built 2015 AMX-2 zoning with many possibilities . Investor delights in Prime location on Kapiolani Blvd with low maintenance. Currently rent as 6 separated units. This sales including TMK 123-034-019-0001, 123-034-018-0002, 123-034-019-0003. Three detached CPR houses .Front & middle houses have Five bedroom/3baths(3/2 up 2/1 down) and the back house has three bedroom three bath(2/1 up 1/1 down), Stucco exteriors and two cars garages. Each home features a spacious interior with a separated entrance. Walking distance to the world-famous Ala Moana Shopping Center, Beach Park, and yacht club. Across from McCully Shopping Center with all the eatery & Conveniently close to Waikiki, with easy access to restaurant multiple bus stops, and the convention center, These properties can be sold individually or as a package. All interior photos were taken before tenants moved in. All lease PV paid off by sellers. parking for every unit.
Property like this rarely comes on the market, with over 20,000 sqft of usable land zoned R-5 in the center of Honolulu! This gently-downsloped, nicely-shaped parcel has plenty of parking and is convenient to transportation. From its sweeping lawns, the mountain and valley views are spectacular. The owners have a topo map plus schematic designs for development of five homes, with sewer connections approved at that time, subject to re-applying--or buyers may build their own dreams! The two houses on the property have some solid qualities and are occupied by tenants, but the property is being sold well below the Assessed Value of even just the land. Don’t miss this amazing opportunity! Also listed on MLS under Single-Family MLS #202417895.
This is a 3-unit, fully occupied, income-producing property. Although the zoning is single-family residential, the 2-unit duplex is "grandfathered" in, having been installed prior to the current zoning.
Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in an extremely convenient area is this 15-unit concrete multiunit building featuring a desirable 1:1 parking ratio, separate electric meters, and a secured laundry area with two washers, two dryers, and a utility sink. Boasting 12-one bedroom units and 3-two bedroom units, the property allows for maximum resident comfort. Each unit features an open layout, neutral interior paint, a spacious living/dining area, storage closets, and a fully-equipped kitchen with a gas stove, pantry, and ample cabinets. Bedrooms are well-sized with generous closet space, while each full bathroom includes a shower/tub combo, medicine cabinet, and a storage vanity. Outdoor relaxation is a breeze with all units featuring a cozy balcony. Tenants will enjoy easy access to transportation, shopping, restaurants, entertainment, and Makiki Park. NOI is actual. Please contact Listor with additional questions. Interior showings will be subjected to accepted offer. Please submit offers using the Commercial PSA. DO NOT DISTURB tenants.
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
The opportunity of a lifetime! Last of its kind, extremely rare and precious, intact HUGE 25,372 sq. ft. lot in Kaimuki zoned R-5, with expansive mountain, ocean, and city views - Diamond Head, Koko Head, Waikiki, Kahala, neighbor islands! Views from the front, rear, and side of the lot! Tons of options for rebuilding, remodeling, expanding, dividing, and more! Make this your castle, fortress, multi-unit compound, or unique community of units. Perfectly located in Kaimuki near beaches, hikes, restaurants, shops, medical care, freeway on/off, schools, churches, parks, everything you need! Existing structures: 1) Single family home with kitchen, living room, 2 bedrooms, 3 bathrooms & bonus rooms on the main level, a large upstairs loft/bedroom and a large basement, 2) a 1 bed/1 bath unit, and 3) a studio unit. All sq. ft. stated is from tax record - actual measurements and # of rooms/bathrooms may differ from tax record. DO NOT GO ONTO THE PROPERTY WITHOUT LISTING AGENT - NO TRESPASSING. All items at the property shall remain there at closing except for tenant's belongings. AS IS sale. Buyer to order own TIR, and do own thorough due diligence. Rent shown is for the 1/1 and studio.
Honolulu is located in Hawaii. Honolulu, Hawaii has a population of 368,351. Honolulu is less family-centric than the surrounding county with 27.69% of the households containing married families with children. The county average for households married with children is 32.25%.
The median household income in Honolulu, Hawaii is $78,425. The median household income for the surrounding county is $92,600 compared to the national median of $69,021. The median age of people living in Honolulu is 38.4 years.
The average high temperature in July is 85.36 degrees, with an average low temperature in January of 65.49 degrees. The average rainfall is approximately 46.22 inches per year, with 0 inches of snow per year.
