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808 Makaleka Avenue

Honolulu, HI 96816
  • $1,399,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 202400524
Price Reduced
UPDATED: 75 min ago
$1,399,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:
Area:

School Ratings & Info

Description

$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed.Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)

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© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
www.hawaiidreamhomes.com/homes/146492746
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808 Makaleka Avenue Honolulu, HI 96816

  • Price: $1,399,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 75 min ago
  • MLS #: 202400524
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1941
Built
Neighborhood:
Kapahulu
County:
Oahu
Area:
Metro
Property Description
$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed.Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)
Exterior Features

Construction Materials Hollow Tile Location Cul-De-Sac Lot Description Clear Other Parking None Parking Tandem Parking Total 3 Roof Asphalt Shingle Stories Two Topography Level View City

Interior Features

Laundry CoinWasher

Property Features

1 Bed Units 5 2 Bed Units 0 3 Or More Bed Units 0 Amenities None Annual Expenses 18386.00 Assessed Value Improvements 79000.00 Assessed Value Land 927500.00 Assessed Value Total 1006500.00 Building Type Apartments Disclosures 1031 Exchange Documents Lease DocumentsTitle Search Easements None Expenses Include Excise TaxInsuranceProperty TaxRepair MaintenanceSewer Fee Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventional Management Company Owner Net Operating Income 71914.00 Other Income 125.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 1 Tax Amount 293.56 Tax Annual Amount 3522.72 Tax Paid By Seller No Tax Year 2023 Tenant Pays Cable TVElectricity Total Actual Rent 7400.00 Total Income 90300.00 Utilities Available CableOverhead ElectricityPublic WaterWater Utilities Meters ElectricWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of CBI Residential Advisory Svcs.: (808) 942-7100.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-02-23T17:58:57.813. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
 
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