RARE FIND with GREAT BONES! Huge Two-Bedrooms averaging over 820 square feet each 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.

Construction Materials Hollow Tile Location Inside Lot Description Clear Other Parking None Parking Assigned Parking Total 7 Property Frontage Other Roof Other Stories Three Topography Level View City

Elevators 0 Furnished Partial Laundry Individual Sq Ft Building 5760

1 Bed Units 0 2 Bed Units 7 3 Or More Bed Units 0 Amenities None Annual Expenses 31998.00 Assessed Value Improvements 280400.00 Assessed Value Land 1244100.00 Assessed Value Total 1524500.00 Building Type ApartmentsMulti Dwellings Disclosures 1031 ExchangeInactive Licensed OwnerLicensed OwnerNon Resident Owner Documents Lease DocumentsP&LTitle Search Easements None Expenses Include Excise TaxInsuranceMgmt FeeOtherProperty TaxRepair MaintenanceSewer Fee Flood Zone Zone AO Foreclosure YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventionalExchange Management Company Bob Tanaka Realty Net Operating Income 77202.00 Other Income 0.00 Possession At ClosingSubject To Tenancy Property Condition Excellent Recreation Facilities None Set Backs None Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 444.65 Tax Annual Amount 5335.80 Tax Paid By Seller No Tax Year 2023 Tenant Pays Cable TVElectricityOther Total Actual Rent 9100.00 Total Income 109200.00 Utilities Available CableInternetPublic WaterSewer FeeTelephoneUnderground ElectricityWater Utilities Meters ElectricWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Commercial Inv. Strategies: (808) 429-1098.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-01T15:59:23.567. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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850 Lokahi Street

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850 Lokahi Street Honolulu, HI 96826

Property Description

Construction Materials	Hollow Tile
Location	Inside
Lot Description	Clear
Other Parking	None
Parking	Assigned
Parking Total	7
Property Frontage	Other
Roof	Other
Stories	Three
Topography	Level
View	City

Elevators	0
Furnished	Partial
Laundry	Individual
Sq Ft Building	5760

1 Bed Units	0
2 Bed Units	7
3 Or More Bed Units	0
Amenities	None
Annual Expenses	31998.00
Assessed Value Improvements	280400.00
Assessed Value Land	1244100.00
Assessed Value Total	1524500.00
Building Type	Apartments Multi Dwellings
Disclosures	1031 Exchange Inactive Licensed Owner Licensed Owner Non Resident Owner
Documents	Lease Documents P&L Title Search
Easements	None
Expenses Include	Excise Tax Insurance Mgmt Fee Other Property Tax Repair Maintenance Sewer Fee
Flood Zone	Zone AO
Foreclosure YN	No
Land Recorded	Regular System
Land Tenure	FS - Fee Simple
Listing Financing	Cash Conventional Exchange
Management Company	Bob Tanaka Realty
Net Operating Income	77202.00
Other Income	0.00
Possession	At Closing Subject To Tenancy
Property Condition	Excellent
Recreation Facilities	None
Set Backs	None
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	444.65
Tax Annual Amount	5335.80
Tax Paid By Seller	No
Tax Year	2023
Tenant Pays	Cable TV Electricity Other
Total Actual Rent	9100.00
Total Income	109200.00
Utilities Available	Cable Internet Public Water Sewer Fee Telephone Underground Electricity Water
Utilities Meters	Electric Water
Zoning	12 - A-2 Medium Density Apartme