Pearl City-upper Multi-Family

1717 Hoolaulea Street, Pearl City, Oahu 96782 Get Directions

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Total SqFt
3,932
Lot Size Area
12,327 SqFt
Land Tenure
Fee Simple
MLS #
202206189
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Overview

High income ($6,600/mo) with nearly $400k in upgrades! Tremendous potential for improvement and rent growth or multi-generational owner occupancy. Front residence is 3 bedrooms 2 baths ($2,350/mo), back residence is 3 bedrooms 2 baths ($2,450/mo), and downstairs ADU is 2 bedrooms 1 bath ($1,800/mo) with separate entrance and a huge, covered deck to relax and enjoy the scenery. Bedrooms and baths may not agree with tax records. All photos taken prior to tenant occupancy. The large downslope lot is waiting for your creative use and, since there’s no neighbor close by on the back boundary, a tranquil feeling of openness and privacy is yours to enjoy. Great value: priced below the average sold price per square foot of interior living area and almost double the average land size in popular Momilani. Lots of street parking with curbs and sidewalks (not all areas of Momilani have these). Taxes based on 2021 assessed value. Capture this rare and unique opportunity to own a special property located in a desirable, high demand neighborhood.

Property Details

Building Type
Duplex, Multi Dwellings
Sold Date
08/09/2022
Sold Price
$1,448,000
Construction Materials
Double Wall
Location
Other
Neighborhood
Pearl City-upper
Net Operating Income
55332.00
Number Of Units Total
3
Parking Features
Open, Tandem
Parking Total
3
Property Type
Multi-Family
Building SqFt
3,932
Total SqFt
3,932
Status
Cancelled
Stories
2
Total Actual Rent
$6,600
Total Annual Operating Expenses
$23,868
Total Income
$79,200
View
Mountain
Year Built
1969
Year Remodeled
2019

Additional Property Info

Active Continue To Show Date
06/24/2022
Disclosures
None, Pet on Property, Property Disclosure Stmt
Days on Market
87
Elementary School
Pearl City Hlnd
Flood Zone
Zone D
High School
Pearl City
Laundry Facilities
Dryer, Washer
Middle/Junior School
Highlands
Property Condition
Above Average, Average, Excellent
Roof
Asphalt Shingle, Other
Tax Amount
$284
Tax Assessed Value
$1,199,100
Tax Assessed Value Improvements
$428,200
Tax Assessed Value Land
$770,900
Topography
Down Slope, Gentle Slope, Level
Utilities
Cable, Internet, Public Water, Underground Electricity
Zoning
05 - R-5 Residential District

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Listing Courtesy of Locations LLC Courtesy of Michael Y Koyama, Locations LLC.
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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