Listing: 202114866
Island: Oahu • Region: Metro Oahu • Neighborhood: MOILIILI Type: Multi-Family • MLS #: 202114866 • TMK: 1-2-8-010-006-0000
List Price: $1,558,000 (FS) List Date: June 05, 2021Sold Price: $1,475,000 Date Sold: October 01, 2021
Street Address: 1924 Beretania
Remarks:
Fantastic location in the middle of Honolulu. Perfect for an owner-user looking for immediate cashflow while they plan their new office/retail development, or an investor looking to keep the existing residential improvements. BMX-3 zoning allows for many options! Estimated traffic counts are over 23, 000 vehicles per day. Great exposure with one-way traffic and an existing signpost along Beretania. Former Ideal Keyshop location. Currently dedicated for residential tax usage (renewal in 2021). Main structure has 4 one-bedroom units, back structure has additional 2 studios with a shared bathroom. Currently generates $69k in gross annual rents. Subject to C&C road-widening setback if redeveloped.
Property Information:
Bedrooms: --
Full Baths: --
Half Baths: --
Parking: 6
Land Area (sf): 5,000
Living (sf): --
Lanai (sf): --
Other (sf): --
Terms Accept.: Cash, Conventional, 1031 Exchange
Disclosures: 1031 Exchange, Licensed Owner, See Remarks
Furnished: None
Zoning: 33 - BMX-3 Community Business M
Year Built: 1941
Year Remodeled: 2020
Financial Information:
Assd. Val. Land: $1,250,000
Assd. Val. Imprv: $92,700
Assd. Val. Total: $1,342,700
Tax Year: 2020
Monthly Taxes: $377
Home Exempt.: --
Maintenance Fees: --/mo.
Association Fees: --/mo.
Other Fees: --/mo.
Land Tenure: Fee Simple
FeeOptions --
Lessor: --
Lease Rent: --/--
Next Step-Up: --/--
2nd Step-Up: --/--
Fee Purchase: --
Reneg Date: --
Lse Expires: --
Schools:
Other Property Features:
Unit: --
Frontage: Other
View: City
Parking: Covered, Open, Tandem
Pool: --
Amenities: None
Inclusions: --
Security: --
Assn. Fee Inclusions: --
Other Fee Inclusions: --
Lot Description: Clear
Topography: Level
Number of Stories: Two
Building Style: --
Property Condition: Average, Fair
Construction: Brick, Slab, Wood Frame
Roofing: Asphalt Shingle
Floor Covering: --
Possession: At Closing
Land Recorded: Land Court
Exclusions: --
Easements: None
Set-Backs: C&C
Compensation*: 2.5
Compensation Type: --
Broker Attribution:
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 19, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Forward Realty
