Listing: 202406981
Island: Oahu • Region: Metro Oahu • Neighborhood: PAWAA Type: Multi-Family • MLS #: 202406981 • TMK: 1-2-3-024-009-0000
Status:
Active Under Contract C
List Price: $2,300,000 (FS) List Date: March 25, 2024
Street Address: 850 Lokahi
Remarks:
Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.
Property Information:
Bedrooms: --
Full Baths: --
Half Baths: --
Parking: 7
Land Area (sf): 5,104
Living (sf): --
Lanai (sf): --
Other (sf): --
Terms Accept.: 1031 Exchange, Cash, Conventional
Disclosures: Court Approval Required, Inactive Licensed Owner, Listor Owner
Furnished: Partial
Zoning: 12 - A-2 Medium Density Apartme
Year Built: 1968
Year Remodeled: --
Financial Information:
Assd. Val. Land: $1,244,100
Assd. Val. Imprv: $280,400
Assd. Val. Total: $1,524,500
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: City
Parking: Assigned
Pool: --
Amenities: None
Inclusions: --
Security: --
Assn. Fee Inclusions: --
Other Fee Inclusions: --
Lot Description: Clear
Topography: Level
Number of Stories: Three
Building Style: --
Property Condition: Above Average
Construction: Hollow Tile
Roofing: Other
Floor Covering: --
Possession: At Closing, Subject To Tenancy
Land Recorded: Regular System
Exclusions: --
Easements: None
Set-Backs: None
Compensation*: 2.25
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
