Makiki Multi-Family

1655 Liholiho Street, Honolulu, Oahu 96822 Get Directions

$5,000,000

 

Lot Size Area
6,000 SqFt
Land Tenure
Fee Simple
MLS #
202426214
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Overview

This 3-story walkup, built in 1970 using hollow tile, offers 12 2-bedroom, 1-bath units & 18 parking stalls. All apartments feature a full-size washer and dryer on the patio, & many units are equipped w/ window air conditioners in the bedroom. Ceiling fans are standard in all units, offering comfort & air circulation. Improvements to the interior & exterior have significantly upgraded the property. In 2017, the owner invested $250,000 in interior enhancements for all units, including the installation of modern cabinetry, new flooring, & stylish window treatments. Renovations of late to some of the units include the installation of luxury vinyl plank flooring. Between 2018 and 2020, impressive exterior enhancements were performed. These included asphalt reconstruction of the parking area w/fresh striping & wheel stops, spalling work on the building's exterior, & waterproofing of the open staircase & concrete eyebrows on both the Diamond Head and Ewa side of the building. The roof received special attention with the application of a Tropical Silicone coating and the installation of galvanized cap flashing, a new roof hatch, safety anchors and rail guards.

Property Details

Building Type
Apartments
Construction Materials
Hollow Tile
Location
Inside
Neighborhood
Makiki
Net Operating Income
140465.00
Number Of Units Total
12
Parking Features
Assigned, Open
Parking Total
18
Property Frontage
Other
Property Type
Multi-Family
Status
Active
Stories
3
Total Actual Rent
$17,400
Total Annual Operating Expenses
$66,436
Total Income
$213,300
View
City
Year Built
1970

Additional Property Info

Flood Zone
Zone X
Laundry Facilities
Dryer, Individual, Washer
Property Condition
Above Average, Average
Roof
Other
Tax Amount
$619
Tax Assessed Value
$2,140,100
Tax Assessed Value Improvements
$558,800
Tax Assessed Value Land
$1,581,300
Topography
Level
Utilities
Overhead Electricity, Public Water, Sewer Fee
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of KMJ Realty LLC Courtesy of John Uyemura, KMJ Realty 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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