Listing: 202406965
Island: Oahu • Region: Metro Oahu • Neighborhood: WAIKIKI Type: Multi-Family • MLS #: 202406965 • TMK: 1-2-6-017-065-0000
List Price: $4,250,000 (FS) List Date: March 25, 2024
Street Address: 448 Kaiolu
Remarks:
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 Information:
Bedrooms: --
Full Baths: --
Half Baths: --
Parking: 4
Land Area (sf): 6,241
Living (sf): --
Lanai (sf): --
Other (sf): --
Terms Accept.: 1031 Exchange, Cash, Conventional
Disclosures: 1031 Exchange, Licensed Owner
Furnished: Partial
Zoning: X2 - Apartment Precinct
Year Built: 1953
Year Remodeled: 2024
Financial Information:
Assd. Val. Land: $2,134,400
Assd. Val. Imprv: $300,900
Assd. Val. Total: $2,435,300
Tax Year: 2023
Monthly Taxes: $445
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: None
Parking: Assigned
Pool: --
Amenities: Secured Lobby
Inclusions: --
Security: --
Assn. Fee Inclusions: --
Other Fee Inclusions: --
Lot Description: Clear
Topography: Level
Number of Stories: Two
Building Style: --
Property Condition: Excellent
Construction: Concrete
Roofing: Custom/Specialty
Floor Covering: --
Possession: At Closing, Subject To Tenancy
Land Recorded: Land Court
Exclusions: --
Easements: Electric, Other
Set-Backs: None
Compensation*: 2
Compensation Type: %
Broker Attribution: (808) 429-1098
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, April 29, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies
