Waikiki Multi-Family

448 Kaiolu Street, Honolulu, Oahu 96815 Get Directions

$4,250,000

 

Total SqFt
5,258
Lot Size Area
6,241 SqFt
Land Tenure
Fee Simple
MLS #
202406965
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Overview

Prize property completely renovated with stellar income in Waikiki. Look no further for a turn-key investment in the heart of Waikiki with excellent walkability scores--shops and restaurants, transportation, and world-famous Waikiki Beach, blocks from this gem. Eleven one-bedroom units meticulously refurbished for maximum rentability and 100% occupied. All units separately metered for electricity and tenants pay their own. Owned coin laundry. Add'l income from parking fee included in rent. Buyer to accept existing survey to be provided in due diligence package with accepted offer.

Property Details

Amenities
Secured Lobby
Building Type
Apartments, Multi Dwellings
Construction Materials
Concrete
Furnished
Partial
Location
Inside
Neighborhood
Waikiki
Net Operating Income
227904.00
Number Of Units Total
11
Parking Features
Assigned
Parking Total
4
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
5,258
Total SqFt
5,258
Status
Active
Stories
2
Total Actual Rent
$22,640
Total Annual Operating Expenses
$47,376
Total Income
$275,280
Year Built
1953
Year Remodeled
2024

Additional Property Info

Disclosures
1031 Exchange, Licensed Owner
Days on Market
227
Flood Zone
Zone AO
Laundry Facilities
Coin, Dryer, Washer
Property Condition
Excellent
Roof
Custom/Specialty
Tax Amount
$445
Tax Assessed Value
$2,435,300
Tax Assessed Value Improvements
$300,900
Tax Assessed Value Land
$2,134,400
Topography
Level
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Zoning
X2 - Apartment Precinct

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
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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