Overview
Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike.
Centrally located in the Ala Moana district at the corner of King and Piikoi Streets, this complex is within close proximity to Ala Moana Shopping Center, restaurants, supermarkets, bus routes, hospitals, schools, and all the amenities the City of Honolulu has to offer. The complex is fronted by a city mini-park with a basketball court, providing additional recreational space.
This property represents a rare opportunity for those looking to invest in the entire complex or just own a single dwelling as oneâs home in the heart of Honolulu, a world-renowned city.
Property Details
- Building Type
- Duplex
- Construction Materials
- Concrete, Double Wall, Masonry/Stucco
- Location
- Corner
- Neighborhood
- Ala Moana
- Net Operating Income
- 149721.17
- Number Of Units Total
- 4
- Parking Features
- Covered
- Parking Total
- 8
- Property Frontage
- Other
- Property Type
- Multi-Family
- Building SqFt
- 5,143
- Total SqFt
- 5,143
- Status
- Active
- Stories
- 2
- Total Actual Rent
- $12,600
- Total Annual Operating Expenses
- $25,314
- Total Income
- $176,235
- View
- City
- Year Built
- 2022
Additional Property Info
- Disclosures
- Photovoltaic, Property Disclosure Stmt
- Days on Market
- 14
- Flood Zone
- Zone X
- Laundry Facilities
- Individual
- Property Condition
- Excellent
- Roof
- Asphalt Shingle, Composition
- Tax Amount
- $1,373
- Tax Assessed Value
- $4,042,200
- Tax Assessed Value Improvements
- $1,673,500
- Tax Assessed Value Land
- $2,368,700
- Topography
- Level
- Utilities
- Cable, Overhead Electricity, Public Water, Sewer Connection Reqd, Sewer Fee
- Zoning
- 12 - A-2 Medium Density Apartme
Courtesy of Henry Hwang, Savvy Realty & Loans.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.
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