1454 Pele Honolulu HI 96813 · Neighborhood: Punchbowl-Lower · Region: Metro · MLS: 1012722 · TMK: 1-2-1-022-008-0000 & History 

Show all 5 photos. Updated 9/29/2010 6:02:18 PM
Expired. It was offered at $2,690,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl-Lower
1454 Pele
Honolulu HI 96813
Area
Building sf:7,776
Land sf:8,141
Land acres:0.187
Other
Parking:11
Built:1964
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:18
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:18
Financials
Rental Income:215,820
Expenses:(42,792)
Net Operating Income:176,628
Other Income:3,600
Total Income:219,420
Remarks
Seller:Price reduced! Excellent investment opportunity in town! Very well maintained solid three-story hollow tile apartment near Queen's Medical Center, Downtown, Chinatown! 18-1 bedroom units with Solar! 100% occupancy! All units have own electric meter and lanai! Income based on actual rent $219,420 - $42,792 = $176,628 with NET CAP RATE 6.4%. DO NOT disturb tenants! Make offer subject to inspection!
Property Features
Amenities
None

Building Type
Apartments

Condition
Above Average

Construction
Hollow Tile

Disclosures
None

Documents
Lease Documents

Easements
None

Expense Income
Excise Tax
Insurance
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
Five Star Realty, Inc.

Location
Lot Description
Clear

Meters
Electric
Gas
Water

Parking Guest
None

Parking Tenant
Assigned
Open
Possession
Close of Escrow

Recreation Facility
None

Roof
Other

Sale Conditions

Set Backs
CandC
Sewer
Connected

Stories
Three

Terms Offered
Cash
Conventional

Terms Sold

Topography
Level

Utilities

View
City

Zoning
More Information
Contact listProp Mgt
Management Company:
Management Company Phone:
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2010Assessed
Land1,222,000
Improvement833,300
Exemption0
Total2,055,300
Monthly Tax7,358
5,049 Days on MarketKey DatesPricing
Year Built:1964
Original List:2,750,000 FS
Listed:9/29/20102,690,000 FS
Advertise:
Auction:
Price change:7/22/2011
Temp off Market:
Off Market:9/29/2011
Temp withdrawn:
Withdrawn:
Back on Market:3/19/2011
Status change:9/29/2011
Last Modified:9/29/2011
Contingency:
Pending:
Conditional:
Sold:0 FS
Concessions:(0)  
Net SP:0 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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