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719 Makaleka Avenue

Honolulu, HI 96816
  • $1,895,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 202207496
UPDATED: 45 min ago
$1,895,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,390
    SQFT
  • $1,363
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1931
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent development potential for a Bill 7 build. Wastewater was preliminarily approved for 34 units. Great neighborhood, located across from the Ala Wai Golf Course and close to Waikiki. The property is zoned A-2 (Medium Density Apartment), with two homes on an approx 6,000 sq ft lot. Both dwellings are 2 bedroom/ 1 bath. Property tax records may not match. Tenants on a month-to-month lease, current rental income $4,600. Preliminary Architectural Drawing and Sewer Connection application in supplements, Buyer to do their due diligence. Sold "As Is". Seller will do 1031 Exchange. The listing agent is one of the owners. Please do not disturb tenants. Also listed as Single Family, MLS #202207253

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© 2022 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 Compass.

Licensed in the State of Hawaii, USA.
www.barneshawaii.com/homes/127894422
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719 Makaleka Avenue Honolulu, HI 96816

  • Price: $1,895,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 45 min ago
  • MLS #: 202207496
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,390
SQFT
$1,363
$/SQFT
1931
Built
Neighborhood:
Kapahulu
County:
Oahu
Area:
Metro
Elementary School:
Jefferson
Middle School:
Kaimuki
High School:
Washington
Property Description
Excellent development potential for a Bill 7 build. Wastewater was preliminarily approved for 34 units. Great neighborhood, located across from the Ala Wai Golf Course and close to Waikiki. The property is zoned A-2 (Medium Density Apartment), with two homes on an approx 6,000 sq ft lot. Both dwellings are 2 bedroom/ 1 bath. Property tax records may not match. Tenants on a month-to-month lease, current rental income $4,600. Preliminary Architectural Drawing and Sewer Connection application in supplements, Buyer to do their due diligence. Sold "As Is". Seller will do 1031 Exchange. The listing agent is one of the owners. Please do not disturb tenants. Also listed as Single Family, MLS #202207253
Exterior Features

Construction Materials Hollow TileSingle WallWood Frame Location Other Lot Description Clear Other Parking None Parking CoveredOpenTandem Parking Total 6 Property Frontage Other Roof Asphalt Shingle Stories OneTwo Topography Level View Other

Interior Features

Elevators 0 Furnished None Laundry DryerWasher Sq Ft Building 1390

Property Features

1 Bed Units 0 2 Bed Units 2 3 Or More Bed Units 0 Amenities None Annual Expenses 10224.00 Assessed Value Improvements 101500.00 Assessed Value Land 1495000.00 Assessed Value Total 1596500.00 Building Type Multi Dwellings Disclosures 1031 ExchangeLicensed OwnerListor OwnerPet On PropertyProperty Disclosure Stmt Documents Other Easements Other Expenses Include Mgmt FeeProperty Tax Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 44967.00 Other Income 0.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs Of Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 392.00 Tax Paid By Seller No Tax Year 2022 Tenant Pays Cable TvElectricityWater Total Actual Rent 4600.00 Total Income 55200.00 Utilities Available Overhead ElectricityPublic WaterSewer Fee Utilities Meters ElectricWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Town And Country Real Estate.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2022-05-16T22:58:45.353. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.


© 2022 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 Compass.

Licensed in the State of Hawaii, USA.
 
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Compass
1586 Mokulua Dr.
Kailua HI, 96734