1315 School Honolulu HI 96817 · Neighborhood: Kapalama · Region: Metro · MLS: 1015294 · TMK: 1-1-6-005-022-0000 & History 

Show all 10 photos. Updated 12/6/2010 2:00:17 PM
Inactive. Last Sold for 2,150,000 FS on 4/20/2011
Location
Type: Multi Family Home
Region: Metro
Neigh: Kapalama
1315 School
Honolulu HI 96817
Area
Building sf:14,248
Land sf:8,468
Land acres:0.194
Other
Parking:16
Built:1964
Remodeled:2007
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:4
2 Bedroom Units:8
3 Bedroom Units:1
Com space:2
Total Units:15
Financials
Rental Income:209,323
Expenses:(71,760)
Net Operating Income:141,763
Other Income:4,200
Total Income:213,523
Remarks
Seller:PRICE REDUCED FOR QUICK SALES - GREAT OPPORTUNITY. 8 two bedrm units, 4 one bedrm units, 1 three bedrm unit and 2 Commercial units. Concrete/Masonry building. Sale includes for 1-1-6-5-61 (392 sq.ft.) Conveniently situated in a great town location. Owner collected below fair market rent (most month-to-month) 5.80% CAP RETURN. Well maintained property, but Sold AS-IS Condition.Buyer:
Property Features
Amenities
Other
Trash Chute

Building Type
Apartments

Condition
Above Average

Construction
Concrete
Masonry/Stucco

Disclosures
Property Disclosure Stmt

Documents

Easements
Other

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

Frontage

Furnished

Land Recorded
Regular System

Laundry
Coin

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity

Listing Broker
New Star Realty, Inc.

Location
Lot Description
Clear
Irregular

Meters
Other

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Covered
Open
Unassigned
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Pitch & Gravel

Sale Conditions

Set Backs
CandC
Of Record
Sewer
Connected

Stories
Three

Terms Offered
Cash
Conventional

Terms Sold
Cash

Topography
Gentle Slope

Utilities

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:Owner
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
Land973,800
Improvement858,800
Exemption0
Total1,832,600
Monthly Tax23,025
138 Days on MarketKey DatesPricing
Year Built:1964
Original List:2,750,000 FS
Listed:12/3/20102,450,000 FS
Advertise:
Auction:
Price change:2/7/2011
Temp off Market:
Off Market:4/20/2011
Temp withdrawn:
Withdrawn:
Back on Market:4/12/2011
Status change:4/20/2011
Last Modified:4/20/2011
Contingency:
Pending:4/12/2011
Conditional:
Sold:4/20/20112,150,000 FS
Concessions:(50,000)  
Net SP:2,100,000 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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